5don MSNOpinion
The latest government inflation and GDP figures are worthless, and will be for months to come
Gaps in data because of the government shutdown make a hash of the latest federal reports on inflation and economic growth.
Data collection issues skewed the latest Consumer Price Index report, economists warned, clouding the picture for the Federal Reserve as it also grapples with a cooling labor market.
Economist say the new consumer price data is based on incomplete information because of the government shutdown.
Inflation in November fell to 2.7%, the Bureau of Labor Statistics said Thursday, a positive sign for consumers on its face.
The Consumer Price Index rose at an annual rate of 2.7% in November, cooler than economists had forecast and a sign that price pressures may be easing.
The annual inflation rate fell in November, according to data released Thursday by the Bureau of Labor Statistics (BLS), ...
7don MSN
The US economy expanded at the fastest pace in two years as wealthier Americans kept spending
An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ...
Inflation is on the rise again. That was the major economic takeaway on Friday morning after the Bureau of Labor Statistics released its delayed reading on inflation for September. Released later than ...
• The September CPI inflation report showed that prices rose at a slower-than-expected rate of 0.3% last month, but annual price hikes for a range of consumer goods rose at the fastest pace so far ...
The S&P 500 gained 0.4%, moving closer to its October record, while the Dow climbed 386 points, or 0.8%. The Nasdaq composite posted a modest 0.1% rise. Powell also said the current overshooting of ...
The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis ...
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