Inflation is still a sore spot for the U.S. economy, but at least it didn't get much worse at the start of the year. That's the best that can be said about the latest reading of the personal ...
Consumer spending, the primary driver of the U.S. economy, saw its biggest drop in four years despite a slight rise in personal income.
WASHINGTON >> U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, ...
Meanwhile, momentum indicators are giving mixed signals. The daily Relative Strength Index (RSI) is nudging close to 50, ...
The Fed is well known to view core PCE as its inflation indicator of choice. However, wealth managers have their own ...
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov't report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy.
The US Bureau of Economic Analysis will release the January PCE Price Index at 7:00 PM today, a key inflation gauge that ...
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag ...
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
New data may point to emerging tension between the U.S. Federal Reserve's dual inflation and employment goals, as price ...
U.S. consumer spending unexpectedly fell in January, but a pick up in inflation could provide cover for the Federal Reserve ...
The Federal Reserve’s preferred inflation gauge cooled in January, if economists’ forecasts are right.
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