OS
Olu Sonola
Academic
Head of US economics at Fitch Ratings.
Notable Quotes
"This PCE report is a reality check."View Story →
"The question now is how much blowback will come from the war in Iran and the associated uncertainty around energy prices."View Story →
"For the Fed, wait-and-see is the only sensible option at this point."View Story →
"You are going to see those surcharges start to appear in bills."View Story →
Related Stories
US inflation jumps to highest level in almost two years
A surge in prices at the pump due to the Iran war has pushed the inflation rate to 3.3%.
April 10, 2026US jobs surge unexpectedly in March despite Iran war
Employers added 178,000 jobs, far more than had expected, the Labor Department says.
April 3, 2026US economy slows in final months after turbulent year
Overall the economy grew 2.2% last year, holding up despite pressures from changes to tariff and immigration policy.
February 20, 2026