German inflation eases to 2.3% in March, slightly lower than expected
German inflation came in at a lower-than-expected 2.3% in March, preliminary data from the country's statistics office Destatis showed Monday.
Read more …
First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey
The Rapid Update, averaging forecasts from 14 economists for GDP and inflation, sees first quarter growth registering an anemic 0.3%.
Read more …
Report: Government Could Exceed Debt Limit by Early Summer
The federal government could go into default as soon as May, according to a report recently released by the Congressional Budget Office.
Read more …
Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks
A broad, negative impact will be felt in the economy when the new trade moves are enacted, the Goldman economic team believes.
Read more …
Navarro: Auto Tariffs to Raise $100B
The Trump administration's senior counselor for trade and manufacturing, Peter Navarro, suggested on Sunday that the tariffs on automobiles, which are set to go into effect "on or after April 2," would raise $100 billion, ostensibly in a year.
Read more …
Wall Street Straps in for Tariffs, Fog of Uncertainty
U.S. President Donald Trump's scheduled April 2 tariff policy announcement could clear a fog of uncertainty that has clouded financial markets this year, yet few investors expect to get the definitive guidance they seek.Investors entered 2025 bullish about pro-growth...
Read more …