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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 Real GDP figures came in at a -0.5% annual growth rate, down from 2.4% in the fourth quarter. Read more here.
As solid as the latest quarterly pace was, economic growth averaged 1.25 per cent in the first half, a percentage point ...
US consumer sentiment hits five-month high in July 2025, driven by easing inflation expectations and stable outlooks.
Investor focus is on the upcoming FOMC meeting, with expectations of unchanged interest rates. Fed Chair Powell is likely to ...
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 ...
The euro rose on Monday following a framework trade deal reached over the weekend between the United States and the European ...
IMF first global growth forecasts on resilience; China-US talks extended; US sentiment hurt by jobs worries; US signals much ...
Watch for US economic signals like consumer confidence, job reports, and the FOMC decision this week, as they could influence Bitcoin.
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