September 19, 2025 United States: Fed’s Kashkari Sees Two More 2025 Cuts Given Hiring Slowdown   Federal Reserve Bank of Minneapolis President Neel Kashkari said he supported the US central bank’s decision to lower interest rates this week and penciled in two additional cuts this year.   “I believe the risk of a sharp increase

September 18, 2025 United States: US Initial Jobless Claims Drop by Most in Almost Four Years   Initial applications for jobless benefits in the US dropped by the most in nearly four years, reversing an unusually large jump in the prior week and consistent with low levels of layoffs in the economy.   Initial claims

August 29, 2025 United States: US Consumer Spending Shows Resilience Despite Stubborn Inflation   US consumer spending rose in July by the most in four months, indicating resilient demand in the face of stubborn inflation.   Inflation-adjusted consumer spending rose 0.3%, according to Bureau of Economic Analysis data out Friday. The advance was boosted by

August 28, 2025 United States: US Economy Expands at Revised 3.3% Rate on Stronger Investment   The US economy expanded in the second quarter at a slightly faster pace than initially estimated on a pickup in business investment and an outsize boost from trade.   Inflation-adjusted gross domestic product, which measures the value of goods