Fed's Barr Addresses Economic Outlook and Monetary Policy in Detroit
Federal Reserve Vice Chair Michael Barr spoke to the Detroit Economic Club on current economic conditions and the Fed's monetary policy stance.
Federal Reserve Vice Chair Michael Barr spoke to the Detroit Economic Club on current economic conditions and the Fed's monetary policy stance.
Real GDP rose 2.2% annually in Q2 2026, driven by consumer spending, investment, and exports, the BEA's third estimate confirms.
Americans spent far more than they earned in August, pushing the personal saving rate down to 4.1%, BEA data show.
End-of-month retail inventories climbed modestly in August, following a stronger gain the prior month, Census Bureau data show.
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