A gauge of inflation preferred by the Federal Reserve showed prices rising less than expected in February, aided by a drop in energy costs, the Bureau of Economic Analysis reported on Friday. On a monthly basis, prices rose by 0.3{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}, compared to forecasts calling for a 0.4{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} increase, and a […]

WASHINGTON — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} annual pace, the government said Thursday in a slight downgrade from its previous estimate. But consumer spending, which drives most of the economy’s growth, was revised sharply down. The government […]

The economy is a complicated system of production, distribution, and use of items and solutions. Knowing how the economic climate performs can be difficult, but it is vital for building informed selections about particular finance, investing and public coverage. This article will investigate the fundamental principles of how the economic […]