US first quarter GDP growth is an annualised 1.6%, well below the 2.5% consensus expectation, but inflation is hotter with the core PCE deflator up 3.7% annualised versus 3.4% expected. This suggests, ...

US first quarter GDP growth is an annualised 1.6%, well below the 2.5% consensus expectation, but inflation is hotter with the core PCE deflator up 3.7% annualised versus 3.4% expected.

GDP and Inflation are the same lines and with only slight deviations between both. The 13 Year average before the last release ran Inlation at 2.62 Vs GDP at 2.27. Inflation over last 5 to 13 ...

Economists had only expected the core rate, which is viewed as a better predictor of future inflation trends, to move up to 3.4%. What’s the worry? Before the GDP report, Wall Street had ...

Thursday’s quarterly inflation data suggest, assuming no revisions to monthly data, that the core PCE deflator for March ... bureau did say that the first GDP estimate and corresponding data ...

Both the inflation and GDP data points raised concerns among economists and renewed criticism of President Joe Biden among Republicans. “Given the elevated levels of inflation – and this is the new ...