U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
Consumer spending increased a robust 4.2% at an annual rate following a 3.7% rise in the third quarter. Consumption makes up ...
U.S. consumers spent more in December, saved less and pushed more debt to credit cards. The PCE index found consumers saving ...
Sentiment is at its lowest point since July, as consumers feel uncertain about the current state of the economy, according to ...
Earnings growth has been robust, but AI growth didn’t match elevated expectations. President Trump’s threat of reciprocal ...
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
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 ...
Americans fear faster inflation is on the horizon. The University of Michigan’s latest consumer survey, released Friday, ...
Higher inflation fears gripped financial markets at the end of last week following the latest read on inflation expectations ...
“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 ...
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 ...