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US growth likely picked up in first quarter, but consumer spending probably cooled

US growth likely picked up in first quarter, but consumer spending probably cooled

By Lucia Mutikani WASHINGTON, April 30 (Reuters) - U.S. economic growth likely accelerated in the first quarter on a rebound in government spending after a crippling government shutdown, but the pickup is expected to be short-lived as the war with Iran drives up gasoline prices and squeezes
AP News AP News
U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook

U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook

The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall’s 43-day federal government shutdown
AP News AP News
Weekly US jobless claims fall to 189,000, lowest in more than 5 decades

Weekly US jobless claims fall to 189,000, lowest in more than 5 decades

The number of Americans filing for unemployment benefits tumbled to their lowest level more than 50 years last week despite a number of economic headwinds including the war in Iran
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Federal Reserve Maintains Interest Rates Amid Economic Uncertainty

Federal Reserve Maintains Interest Rates Amid Economic Uncertainty

Federal Reserve Maintains Interest Rates Amid Economic Uncertainty
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US growth picks up; PCE inflation is higher but in line with expectations

US growth picks up; PCE inflation is higher but in line with expectations

NEW YORK, April 30 (Reuters) - U.S. economic growth picked up in the first quarter on a rebound in government spending, but the increase is likely temporary as the war with Iran drives up gasoline prices and squeezes household budgets.
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Federal Reserve Faces Challenges in Cutting Interest Rates Amid Inflation and Global Tensions

Federal Reserve Faces Challenges in Cutting Interest Rates Amid Inflation and Global Tensions

Federal Reserve Faces Challenges in Cutting Interest Rates Amid Inflation and Global Tensions
Reuters Reuters
US growth picks up in the first quarter

US growth picks up in the first quarter

By Lucia Mutikani WASHINGTON, April 30 (Reuters) - U.S. economic growth picked up in the first quarter on a rebound in government spending after a crippling government shutdown, but the increase is likely temporary as the war with Iran drives up gasoline prices and squeezes household budgets.
Reuters Reuters
Annual US inflation posts biggest gain in nearly three years in March

Annual US inflation posts biggest gain in nearly three years in March

WASHINGTON, April 30(Reuters) - U.S. inflation accelerated in March as the Iran war raised gasoline prices, bolstering financial market expectations that the Federal Reserve could keep interest rates unchanged well into next year.
Reuters Reuters
US core capital goods orders blow past expectations in March

US core capital goods orders blow past expectations in March

WASHINGTON, April 29 (Reuters) - New orders for key U.S.-manufactured capital goods increased more than expected in March while shipments of those products surged, suggesting that business spending on equipment helped to drive economic growth in the first quarter.
Reuters Reuters
Bank of England set to hold rates as Iran war clouds outlook

Bank of England set to hold rates as Iran war clouds outlook

By William Schomberg LONDON, April 30 (Reuters) - The Bank of England looks set to keep interest rates on hold on Thursday as it awaits the economic fallout from the Iran war and investors will be on alert for any suggestions that higher borrowing costs are likely to be needed. Like the U.S.
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Federal Reserve Meeting: Powell's Future and Interest Rate Decisions

Federal Reserve Meeting: Powell's Future and Interest Rate Decisions

Federal Reserve Meeting: Powell's Future and Interest Rate Decisions
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Federal Reserve's Upcoming Decision and Major Earnings Reports to Influence U.S. Markets

Federal Reserve's Upcoming Decision and Major Earnings Reports to Influence U.S. Markets

Federal Reserve's Upcoming Decision and Major Earnings Reports to Influence U.S. Markets