Markets are now anticipating around three Fed rate cuts before the end of 2025, with the possibility of more if subsequent economic data deteriorates further. Lower rates are seen as negative for the ...

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AI's economic boost isn't showing up in GDP, and Goldman says that's a $115 billion blind spot

AI added $160 billion to the US economy, but only $45 billion appears in GDP because of how growth is measured.

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‘Data like you wouldn’t believe’: the rise of unofficial US economic reports

Donald Trump’s attack on US economic institutions and rising concern over the quality of official data are propelling unofficial statistics into an evermore prominent role on Wall Street. The US ...

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State of the US economy: It feels like a 'job recession'

Consumer prices rose more than expected in August, new economic data released on Thursday showed, just after the jobs data revisions illustrated a weaker than previously thought labor market. Girard, ...

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US Dollar Index holds above 97.50 ahead of UoM Consumer Sentiment Index data

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is recovering its recent losses and trading around 97.70 during the Asian hours on Friday. The ...

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