The U.S. is a net oil exporter but that does not shield it from global economic shocks.
All posts in Inflation
Fed holds rates, warns inflation still above target as cuts remain cautious
The Federal Reserve’s latest projections show steady economic growth, persistent inflation above 2% and a slower path to interest rate cuts.
U.S. trade deficit jumps 95% in November as imports outpace exports
The U.S. trade deficit nearly doubled in November, jumping 95% as imports rose faster than exports, highlighting renewed volatility tied to tariffs and shifting trade flows.
U.S. inflation sticks at 2.7% as grocery prices post biggest jump in three years
U.S. food inflation has cooled sharply from its pandemic-era peak — but the latest data come with an unusual warning label.