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 ...
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
WASHINGTON >> U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, ...
The Fed is well known to view core PCE as its inflation indicator of choice. However, wealth managers have their own ...
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag ...
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
U.S. consumer spending unexpectedly fell in January, but a pick up in inflation could provide cover for the Federal Reserve ...
The Federal Reserve's key inflation gauge, the PCE price index, offers hope as the S&P 500 hits turbulence amid Trump tariff ...
Thomas Ryan, an economist at Capital Economics, attributed the decline in part to “unseasonably severe winter weather,” but ...
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.