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US economic activity bounces back with 3% GDP growth as imports decline, Trump says ‘way better than expected’
Trump hailed the GDP number in a social media post as “WAY BETTER THAN EXPECTED” and renewed his call for Fed Chair Jerome Powell and his colleagues to lower interest rates. Officials are widely expected to keep borrowing costs unchanged for now.
US consumer sentiment hits five-month high in July 2025, driven by easing inflation expectations and stable outlooks.
US Real GDP figures came in at a -0.5% annual growth rate, down from 2.4% in the fourth quarter. Read more here.
The state of President Donald Trump’s economy is about to come into full view. A slew of crucial economic data is set for release this week, including the jobs report, inflation, consumer confidence ...
Investor focus is on the upcoming FOMC meeting, with expectations of unchanged interest rates. Fed Chair Powell is likely to ...
Market experts suggest that investor sentiment could be significantly influenced by economic indicators, particularly the ...
Scripps News on MSN21h
IMF upgrades economic outlook and US consumer sentiment improves
A batch of new economic indicators was released Tuesday in addition to a new report from the International Monetary Fund about the global economic outlook. (Scripps News) ...
The euro rose on Monday following a framework trade deal reached over the weekend between the United States and the European ...
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