About Keith Molyneaux
Posts by Keith Molyneaux…
Inflation showed little signs of letting up in March, with the Federal Reserve’s preferred inflation gauge stalling. This has pushed the presumed timeline for the Fed to begin cutting interest rates by months, behind that of their European counterpart. Inflation has come down significantly from multi-decade highs on both sides of the Atlantic. Still, progress […]
U.S. economic growth got off to a weaker-than-expected start in 2024, even as prices continued to climb, according to the Commerce Department’s report on gross domestic product (GDP) in the first quarter. GDP, a broad measure of overall economic activity, grew at a seasonally adjusted, annualized rate of 1.6% during the period between January and […]
The International Monetary Fund (IMF) has raised its outlook for the global economy for the rest of the year, citing data that shows a global economy that has been “surprisingly resilient” in the face of inflationary pressures and shifting monetary policy. The IMF now expects global growth of 3.2% in 2024, up 0.1 percentage point […]
Rising prices did little to deter consumers in March, as retail sales rose at a much faster pace than expected. Retail sales, which include spending online, in-store, and at restaurants, jumped 0.7% in March, according to the Commerce Department. That’s more than double the 0.3% increase that economists polled by Dow Jones had been expecting, […]
As people live longer and healthier lives, a great demographic shift is taking place across the world. In recent decades, the number of people over the age of 65 has swelled and is expected to continue growing. In 1980, there were 113 million individuals in North America and Europe over the age of 65. By […]
