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One chart shows the US is a rare major economy where wages have been outpacing inflation
Data from the OECD shows that between 2019 to 2023, the United States and Canada saw their average wages increase by 5.2% ... in February expressing that "the economy is strong overall." ...
Chart of the week: Tariffs - our forecast for US GDP growth
This week’s Chart of the Week comes from Morningstar’s Senior U.S. Economist, Preston Caldwell. His article ‘Why tariffs will ...
Fed's Powell says economy strong, but dot plot shows big jump in growth pessimism
Federal Reserve chair Jerome Powell boosted market sentiment this week by suggesting that any impact of U.S. President Donald Trump's tariffs on inflation would only be "transitory." The central bank ...
Climate change could slash global GDP by a third by century’s end
Minimizing the damage from climate change requires investments in mitigation and adaptation to increase ninefold and thirteenfold, respectively, by 2050 — equivalent to around 1% to 2% of cumulative ...
OECD Report: Trump’s Trade War Will Slow U.S. Economic Growth, Increase Inflation
The Organisation for Economic Co-operation and Development (OECD) updated its economic growth outlook due to the ongoing ...