Data Says Consumer Spending Pulled Back, Which Is Bad Economic News
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
The Fed’s preferred inflation gauge cooled last month, but consumer spending sank
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag for the US economic engine: Consumers pulled back their spending by the most ...
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
Opinion: If Trump aims to bring down prices, his policies will need to swerve
Tariffs and the so-called DOGE dividend could easily deliver the opposite of what Americans wanted when they voted for Trump.
US consumer spending falls in January; monthly inflation rises
U.S. consumer spending unexpectedly fell in January, but a pick up in inflation could provide cover for the Federal Reserve ...
Federal Reserve's Schmid emphasizes vigilance amid rising consumer inflation expectations
Surveys showing a rise in consumer inflation expectations mean the central bank needs to keep its focus on ensuring price ...
Inflation is easing, but another alarm bell is ringing about the US economy
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
Fed seen resuming rate cuts in June as consumer confidence takes a dive
The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in ...