The Federal Reserve now characterizes inflation as 'elevated,' shifting from its previous 'somewhat elevated' assessment while citing global energy prices as a primary driver.

U.S. economy grows 2% in first quarter, rebounding from government shutdown. Analysts note potential conflict with Iran continues to cloud the economic outlook.

The U.S. economy expanded at a 2% annualized rate during the first quarter of 2026, rebounding from the impact of a government shutdown, though potential conflict with Iran remains a risk to the outlook.

U.S. inflation hits a three-year high as gasoline prices surge amid the ongoing conflict in Iran.

A key U.S. inflation measure has reached its highest level in nearly three years, driven by rising gasoline prices linked to the conflict in Iran.

U.S. GDP grew at an annualized rate of 2.0% in the first quarter of 2026, missing market expectations of 2.3% growth. The data reflects the latest economic performance for the period.

The United States economy grew at an annualized rate of 2.0% in the first quarter of 2026, falling short of the 2.3% growth rate anticipated by economists.

U.S. jobless claims fell to 189,000 for the week ending April 25, coming in below the expected 212,000. The data reflects the latest labor market activity in the United States.

U.S. initial jobless claims totaled 189,000 for the week ending April 25, falling below the estimated 212,000.