The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...
January PCE inflation rose 0.3% for annual rate of 2.5%, meeting Dow Jones expectations
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
Inflation Eased. Why It Isn’t a Sigh of Relief for the Fed or Consumers.
The Federal Reserve’s preferred inflation gauge cooled in January, if economists’ forecasts are right. The Bureau of Economic ...
Committee for a Responsible Federal Budget2d
Continued Inflation Highlights Danger of More Deficits
The Federal Reserve’s preferred measure of inflation — the personal consumption expenditure (PCE) index — came in at 0.3 percent in January, twice the Federal Reserve’s implied target of 0.17 p ...
National Bureau of Economic Research5d
A Forensic Analysis of Global Imbalances
We examine whether the behavior of current account balances changed in the years preceding the global crisis of 2008-09, and assess the prospects for global imbalances in the post-crisis period.