Compared to the third quarter, the deceleration in real GDP in Q4 reflected downturns in government spending and exports and a deceleration in consumer spending, the BEA stated.
According to a Bloomberg report, Warren said White House National Economic Council Director Kevin Hassett’s criticism of a study by the Federal Reserve Bank of New York did not come as a surprise.
The U.S. military has reportedly deployed a vast array of forces in the Middle East, comprising fighter jets, refueling tankers, and two aircraft carriers.
According to a Financial Times report, Kashkari said on Thursday that the Fed was trying to ignore political turbulence and instead focus on its dual mandate of maximum employment and price stability.
IAEA chief Rafael Mariano Grossi said that the agency had discussed proposals with Iranian Foreign Minister Abbas Araghchi for the inspection of the sites that were bombed by the U.S. and Israel in June 2025.
The CBO expects tariffs to raise about $3 trillion over a decade, but will be outweighed by roughly $4.7 trillion in costs from Trump’s tax law and $500 billion from immigration policies.
As per minutes released by Fed, possibility that upward adjustments to the target range for the federal funds rate could be appropriate if inflation remains at above-target levels.
Investors are looking ahead to a slew of economic data on Wednesday, including housing starts, building permits, durable-goods orders, and industrial production.
The U.S. financial markets shifted into high gear this week following a pivotal inflation report that suggests the Federal Reserve’s long-standing battle against rising prices may finally be entering its final chapter. The Bureau of Labor Statistics revealed on February 13, 2026, that the Consumer Price Index (CPI)
In a post on Truth Social, Trump said Japan had begun its first round of investments in the U.S. across projects in oil and gas development in Texas, power generation in Ohio, and critical minerals in Georgia.
According to a Reuters report, Fed Governor Michael Barr said on Tuesday that based on current economic conditions and data in hand, it would likely be appropriate to hold rates steady for some time.
