Stock market breathes a quick sigh of relief over inflation data
US stocks open mostly up after Fed's favorite inflation gauge matches forecasts. But tariff worries linger. Indexes are on track for a losing month.
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 ...
Inflation didn't get any worse. When will it start going down again?
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 ...
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 ...
US consumer spending posts first drop in almost two years
U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record ...
US inflation cools in January, fueling hopes for a June rate cut
Excluding food and energy, the core PCE index—a key measure for Fed officials—also increased 0.3% monthly, bringing its ...
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 ...
Reuters1d
U.S. Federal Reserve
Fed's Harker expresses support for keeping policy rate on hold Philadelphia Federal Reserve Bank ... "sobering" as the previously reported Consumer Price Index figures. U.S. Marketscategory ...