U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
U.S. consumers spent more in December, saved less and pushed more debt to credit cards. The PCE index found consumers saving ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation ...
Higher inflation fears gripped financial markets at the end of last week following the latest read on inflation expectations ...
Earnings growth has been robust, but AI growth didn’t match elevated expectations. President Trump’s threat of reciprocal ...
The recent shift in monetary policy and the Trump administration’s economic agenda have raised concerns about inflationary ...
Americans fear faster inflation is on the horizon. The University of Michigan’s latest consumer survey, released Friday, ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
WASHINGTON (Reuters) - U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods ... to resume cutting interest rates soon. While the report from ...
No rate cut is expected before June ... pre-emptive buying continued in January. When adjusted for inflation, consumer spending rose 0.4%, setting the economy on a higher growth trajectory ...