Growth to slow while inflation high: forecast
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A "whiff" of stagflation will   linger about the U.S. economy through next year as growth slows   and inflation holds at a level higher than the Federal Reserve   would like, according to the latest UCLA Anderson Forecast   report.
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Federal Reserve policy makers are forecasting slower economic growth, higher unemployment and higher inflation.
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Economic data to be released this week are expected to show slowing economic growth in Britain as rate hikes braked expansion, economists said.
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The U.S. economy will grow at a  sluggish pace for the remainder of this year and into 2007 as  the worst of inflationary pressure is yet to come, a survey of  top forecasters showed on Thursday.
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U.S. Federal Reserve officials  approach a key meeting next week worried both about not raising  interest rates enough to avert inflation and doing more than is  needed at the expense of economic growth.
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Growth in China's main indicator for inflation slowed to 4.3 percent in October, significantly lower than the 5.2 percent annual increase the month before, the government reported Friday.
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While the U.S. economy continued to  grow in late July and August, growth slowed in several regions  as household spending softened, the Federal Reserve said on  Wednesday.
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WASHINGTON - Reports on retail sales and producer prices show US economic growth has cooled since its third-quarter spurt, while inflation slows.
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Business & money: Growth will slow markedly next year and is unlikely to see a recovery until after 2009, the CBI warns
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Twelve-month inflation slowed in August, official data showed on Tuesday, leading economists to predict that the Bank of England may soon look to cut interest rates.
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Consumer inflation dipped unexpectedly last month thanks to falling gasoline prices while new home construction hit a 12-year low as the housing slump continued to dim the outlook for growth.
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Spending slowed in December and inflation continued to rise, the government said, leaving the Federal Reserve little leeway in the months ahead.
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The U.S. economy will grow slowly during the first half of the year, but pick up strength as the months pass, a survey of top forecasters showed on Saturday.
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The International Monetary Fund has warned that rising interest rates in some of the world&#39;s biggest economies may slow global house price growth.
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Housing data and a gauge of business  spending in June released on Thursday signaled slower U.S.  economic growth ahead, leading many to believe the Federal  Reserve is less likely to raise interest rates next month.
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The economy grew at a faster clip in   the second quarter and inflation was slower than originally   reported, a government report said on Wednesday, suggesting the   Federal Reserve will keep interest rates steady.
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U.S. Federal Reserve officials are  expected to hold interest rates steady on Wednesday, but they  are also seen renewing an inflation warning even while taking  stock of cooler economic growth.