Tag Archives: economic

Personal Income and Outlays, July 2025  U.S. Bureau of Economic Analysis (BEA) (.gov) Core inflation rose to 2.9% in July, highest since February  CNBC PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates  The New York Times US consumer spending strong in July; services inflation warms up  Reuters Inflation is climbing. Trump might still get lower rates.  Politico Source link

The kids just don’t work like they used to — and it might tell us a lot about how the economy is changing. Over the last 15 years, the job market for younger workers has changed dramatically in some aspects — and, in others, remained remarkably static. But the changing roles younger workers have taken mirror some of the biggest …

Thank you, Jon, and thank you for the opportunity to speak to you today.1 Since I last spoke on the economy and monetary policy on July 17, economic data have reinforced my view of the outlook and my judgment that the time has come to ease monetary policy and move it to a more neutral stance.2 In July, I argued …

Gross Domestic Product, 2nd Quarter 2025 (Second Estimate) and Corporate Profits (Preliminary)  U.S. Bureau of Economic Analysis (BEA) (.gov) US GDP: Economy Expands at Revised 3.3% Rate as Investment Improved  Bloomberg Gold holding steady around $3,400 as US economy grew 3.3% in Q2  KITCO Q2 GDP growth revised higher to 3.3%, PCE increase revised lower to 2.0%  Seeking Alpha US economy grows 3.3% in …

In brief Bitcoin dropped 2.8% to $109,882, with $940 million in long liquidations. Trump’s firing of Fed Governor Lisa Cook rattled markets, briefly sinking the dollar index. Investors await Q2 GDP revisions and core PCE inflation for clues on September rate cuts. Bitcoin is extending its weekend losses ahead of key macroeconomic events this week that could influence the U.S. …

Merz Says Tackling Germany’s Economic Woes Tougher Than Expected  Bloomberg Germany updates: Economy shrinks more than expected  DW German economy shrank by 0.3% in second quarter in worse showing than initially thought  AP News Germany’s Economy Shrank by More Than Expected on Tariff Hit  The Wall Street Journal Germany’s economy shrinks as outlook looks bleak  Semafor Source link

Over the course of this year, the U.S. economy has shown resilience in a context of sweeping changes in economic policy. In terms of the Fed’s dual-mandate goals, the labor market remains near maximum employment, and inflation, though still somewhat elevated, has come down a great deal from its post-pandemic highs. At the same time, the balance of risks appears …

Trump’s Attacks on the Fed and BLS Threaten Key Source of Economic Strength  The New York Times What the Economy Really Looks Like  The American Prospect If Trump doesn’t think you’re good at your job, he’ll tell you. That’s worrisome.  The Boston Globe Quick Thoughts on the Economy: Slowing Growth Until the Stock Market Crash  Center for Economic and Policy Research It’s the Economy, …

Powell Plans U-Turn on an Economic Strategy That Soured  The Wall Street JournalView Full Coverage on Google News Source link

Fed Officials Split Over How to Read Economic Signals  The New York Times Divided Fed worried about tariffs, inflation and the labor market, minutes show  CNBC Fed Minutes Show Majority of FOMC Saw Inflation as Greater Risk  Bloomberg.com Fed dissenters appeared alone in favoring rate cut at July meeting, minutes show  Reuters Fed Minutes Reveal Broad Support for Holding Rates Steady Last Month  The Wall …