GDP Growth Weaker Than Expected to Start the Year The US economy grew at an annualized rate of 1.6% in the first three months of the year, badly lagging expectations of 2.4%. Read more ⇒ |
Here’s what would happen to the US economy if there are no rate cuts this year Federal Reserve officials have been saying for months they need to see more convincing data demonstrating that inflation is on a sustainable path to 2% before they can feel comfortable cutting rates. Last month’s unexpectedly hot Consumer Price Index report is the exact opposite of that. That’s why Fed Chair Powell conveyed on Tuesday the central bank won’t be cutting interest rates any time soon. Read more ⇒ |
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Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare For the past few years, the US economy has been growing at a pace that seemed too good to be true. Read more ⇒ |
Kinder Morgan Stock: Let The Past Be The Past (NYSE:KMI) Kinder Morgan , a midstream company, is well-positioned in the growing US natural gas and AI data center markets. See why KMI stock is buy rated. Read more ⇒ |