Rising Oil Prices Cloud U.S. Growth Outlook as Labor Market Stalls, Analysts Warn

The bank's March economic outlook trims consumer spending forecasts and raises inflation expectations amid the Iran-driven energy shock, while still projecting the expansion will hold The surge in oil prices triggered by the U.S.-Israel military conflict with Iran has injected fresh uncertainty into an already fragile economic picture, according to the U.S. Economic Outlook published […]