Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part ...
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
The Federal Reserve's key measure of inflation cooled slightly in January. The personal consumption expenditures price index, which measures price changes for consumers, rose .3% since last month and ...
A key price gauge declined last month, a sign that inflation may be cooling though stiff tariffs threatened by the White ...
The Dow, S&P 500, and Nasdaq climbed higher Friday as the stock market digested the PCE inflation report and reacted to Trump's meeting with Ukraine's Zelensky.
The decline in the personal consumption expenditures index from 2.6% the month before was in line with expectations.
The latest inflation and spending data from Friday’s personal consumption expenditures report point to “a worrisome monetary policy conundrum” for the Federal Reserve, according to Olu Sonola, the ...
The Federal Reserve won’t cut interest rates again until it's convinced the rate of inflation has resumed slowing. Even a decline in the yearly inflation rate in January is not enough to persuade them ...
Bond yields surged as President Donald Trump entered the Oval Office amid fears his economic agenda would prove inflationary.