Economic News

Academic FX

What You Need to Know Ahead of Thursday’s Key CPI Inflation Report

Forecasters expect a government report Thursday to show inflation receded in June, due to moderation in food and gas prices.

Academic FX

After Slowing in March, April, Outstanding Consumer Credit Grows in May

Outstanding consumer credit grew by $11.3 billion in May, the biggest increase since February, and more than the $8 billion that economists expected.

Academic FX

Are the Federal Reserve’s High Interest Rates Working as Intended?

As inflation simmers down and the economy slows, the Federal Reserve’s monetary policy seems to be doing exactly what it was designed to do.

Academic FX

US Economy News Today: Durable Goods Orders Higher in May, But Show Signs of Slowing Economy

Pending home sales fell 2.1% in May, far more than economists expected but less of a decrease than last month, according to new data Wednesday from the National Association of Realtors.

Academic FX

Leading Economic Index Declines Again But ‘Doesn’t Currently’ Signal Recession

The Leading Economic Index fell again in May but “doesn’t currently signal a recession,” The Conference Board said Friday.

Academic FX

US Economy News Today: Gas Prices Could Push Overall Inflation Lower

A Bureau of Labor Statistics report due Wednesday on the Consumer Price Index, a widely watched measure of the cost of living, is likely to show that prices rose 0.1% in May