A third of economists expect a recession to begin in the April-June quarter
January's solid spending will likely raise pressure on the Federal Reserve to hike rates further
It was the seventh straight year-over-year slowdown but inflation remains far above the Fed's 2% target
Post-pandemic economy has "confounded all sorts of attempts to predict what it will do"
Capital markets have mixed effects on banks' revenues
Most economists expect a continued slowdown in Q1
Auto, gas, department store sales down
The department says City National avoided underwriting mortgages in majority Black and Latino neighborhoods
Prices down 0.1% month over month as cost of gas, used autos decline
As inflation eases, optimism rises