Economy

Key inflation gauge for the Fed rose 0.3% in March as expected

Despite a year’s worth of interest rate increases, inflation rose again in March, according to economic data released Friday that…

Euro zone economy ekes out 0.1% growth in first quarter, misses expectations as Germany stagnates

The euro zone economy grew by a marginal 0.1% in the first quarter of the year, preliminary figures showed Friday,…

IMF warns of ‘disorderly’ house price corrections in Europe as interest rates move higher

STOCKHOLM, Sweden — The International Monetary Fund warned Friday of “disorderly” house price corrections in Europe, at a time when…

U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing

Growth in the U.S. slowed considerably during the first three months of the year as interest rate increases and inflation…

The banking crisis is having a slow-burn impact on the economy

A banking crisis that erupted less than two months ago now appears to be less a major broadside to the…

A recession is coming — and stock markets won’t come through it unscathed, strategist says

The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview…

Veteran investor David Roche says a credit crunch is coming for ‘small-town America’

The banking turmoil of March, which saw the collapse of several regional U.S. lenders, will lead to a credit crunch…

Fed Governor Bowman casts doubt on the need for a U.S. digital dollar

Federal Reserve Governor Michelle Bowman expressed skepticism over the possibility of a digital U.S. dollar, noting Tuesday the multiple risks…

Inflation rises just 0.1% in March and 5% from a year ago as Fed rate hikes take hold

Inflation cooled in March as the Federal Reserve’s interest rate increases showed more impact, the Labor Department reported Wednesday. The…

Outlook for credit access hits record low while inflation expectations jump, NY Fed survey shows

Consumers are getting more pessimistic about inflation and their access to credit, according to the results of a monthly survey…