CNBC Economy

The core personal consumption expenditures price index was expected to increase 0.2% monthly in December and 3% from a year ago.

More than half of respondents rated her performance so far as "very poor" or "poor," and the ECB union said she was characterized as an "autocratic leader."

GDP was expected to grow at a 2% annualized rate in the fourth quarter of 2023, according to economists surveyed by Dow Jones.

The rate hike comes amid an ongoing battle against double-digit inflation for Turkey's monetary policymakers.

The consensus outlook for the fourth quarter is that gross domestic product grew at a 2% seasonally adjusted annualized pace.

The world's second-largest economy has faced a slower-than-expected recovery in 2023 after exiting Covid-19 restrictions.

Markets have become less convinced that the Federal Reserve is ready to press the button on interest rate cuts.

The global economy does not need a "collapse" in order to bring inflation back to target and return to sustainable growth, according to Citi's Steven Wieting.

The signs of resilient consumer spending run somewhat counter to persistent inflation.

The University of Michigan's Survey of Consumers showed a reading of 78.8 for the month, its highest level since July 2021.

Sales volumes fell by 3.2% in December, after a poll by Reuters suggested a fall of just 0.5%.

The Atlanta Fed president said a "golden path" economic scenario is getting closer than many Fed officials had expected.

Initial filings for unemployment insurance totaled 187,000 for the week ended Jan. 13.

Retail sales increased 0.6% for the month, buoyed by a pickup in clothing and accessory stores as well as online nonstore businesses.

The number of companies that failed to make required payments on their debt totaled 153 for 2023, up from 85 the year before.

The comments, delivered during a speech in Washington, D.C., seemed to counter market anticipation for aggressing easing this year.

The estimate is in line with the expectations of analysts polled by Reuters.

The producer price index fell 0.1% for the month and ended 2023 up 1% from a year ago, the Labor Department reported Friday.

The consumer price index for December was expected to increase 0.2% on a monthly basis and 3.2% from a year ago, according to Dow Jones.

The budget deficit totaled almost $510 billion, following a shortfall of $129.4 billion in December alone.