Top economic advisor predicts remarkable 6% annual GDP growth, almost three times the usual forecasts.
Trump’s Economic Advisers Predict Strong Growth Economic advisers to President Trump suggested on Sunday that growth this year might surpass an impressive 6%, which is significantly higher than what most mainstream estimates predict. Kevin Hassett, who leads the White House Economic Council, mentioned that a significant boost in capital expenditures is expected in March, particularly […]
National debt in the US exceeds GDP for the first time since World War II era
U.S. National Debt Exceeds GDP for First Time Since WWII The U.S. national debt has now surpassed the size of the economy, a significant milestone not seen since World War II. According to data released by the U.S. Bureau of Economic Analysis, as of March 31, the total amount of government debt held by the […]
GDP increased by 2% in the first quarter despite the conflict in Iran.
In early 2026, the U.S. economy saw a moderate acceleration, expanding at a 2% rate between January and March, rebounding from a 43-day federal government shutdown that occurred the previous fall. However, the ongoing war in Iran casts a shadow over future prospects. The Commerce Department announced on Thursday that the nation’s gross domestic product […]
GDP increased by just 0.7% in Q4 following a significant reduction from the initial forecast.
Economic Growth Report: A Surprise Decline On Friday, the U.S. Commerce Department released data indicating a surprising economic contraction of 0.7% annually from October to December. This decline was significantly impacted by a 43-day government shutdown last fall, which led to a revision of previous forecasts. The gross domestic product (GDP) growth rate dropped sharply, […]
Weekly outlook: US Dollar remains stable as PCE inflation increases and GDP shows weakness
On Friday, the US dollar (USD) remained stable following the release of important economic data, while the US dollar index (DXY) noted a respectable weekly increase of nearly 1%. Core personal consumption expenditures (PCE) showed a year-on-year rise of 3% in December, which exceeded market predictions. This suggested inflationary pressures are climbing, providing a boost […]
Stock Market Update February 20, 2026: S&P 500 (SPY) Drops Following US GDP Data
live updates 4 hours ago live Markets seem unfazed by the disappointing U.S. GDP results and the Supreme Court’s decision to reverse President Trump’s tariffs. Currently, the S&P 500 has increased by 0.51%, translating to 35 points. The SPDR S&P 500 ETF (SPY) climbed 0.52%, or $3.60. The Dow Jones Industrial Average is up 0.23% […]
Forex Today: US Dollar approaches a four-week peak ahead of core PCE, GDP, and PMI reports.
Here’s what you need to know on Friday, February 20th. The latest figures from the U.S. Department of Labor indicate that new unemployment claims have dropped to 206,000. This is significantly below the initial projection of 225,000 and a decrease from last week’s adjusted number of 229,000. Attention is now shifting to U.S. data expected […]
Stock Market Update: Shares Increase in Unstable Opening as Week Begins with Inflation and GDP Reports
February 17, 2026 2:10pm EST President Trump is optimistic about the Dow reaching $100,000 during his presidency. What would that require? From 18 minutes ago Stock market forecasts have gained significant attention. Recently, the Dow Jones Industrial Average hit $50,000 for the first time, prompting a bold prediction from President Donald Trump. He stated that […]
Asia-Pacific FX news summary: Yen weakened due to disappointing GDP figures
Japan’s bear market has shifted, showing optimism in the yen’s strength against currencies like the dollar, pound, and franc, with an 8% increase confirmed against the Swiss franc. Today at 5 PM Tokyo time, Japan’s Prime Minister and the Governor of the Bank of Japan, Ueda, are set to meet. Westpac is aiming for long-term […]
Foreign Exchange Today: Attention turns to Eurozone GDP and US inflation figures
Market Overview – February 13th Here’s a brief update on the financial landscape as we head into Friday. The U.S. dollar (USD) showed a slight recovery early on Friday after facing some indecision towards the end of the week. Eurostat is set to release the initial GDP figures for the fourth quarter during the European […]