Atlanta Fed GDPNow Sees Economy Shrinking

Wall Street and a closely watched forecasting tool both took a gloomier view of projected first-quarter U.S. economic growth after a pair of downbeat data releases Friday The GDPNow tracker published ...
Such a scenario entails high inflation and low economic growth, two things that don't normally go hand in hand. Stagflation ...
U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record ...
Recent data has suggested the U.S. consumer may be weakening. Nonetheless this is not yet sufficient to challenge likely ...
"Today, my outlook is that inflation is on the path to get back down to 2%," Atlanta Fed President Raphael Bostic said on ...