Inflation is headed in the wrong direction and Americans have grown more cautious about how much they spend — not a good omen ...
The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in ...
Tariffs are looming, inflation is still sticky and US consumers are bracing themselves for the impact. That’s according to data released Friday from the Commerce Department: Americans socked away ...
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has ...
Federal Reserve Chair Jerome Powell acknowledged last week that inflation had started to rise "partly in response to tariffs.
The most far-reaching version of Trump’s strategy would raise the effective, or average, tariff on U.S. imports to about 20%, ...
Stockpiling ahead of potential tariff implementation on a wide range of consumer goods could lead to a pullback in goods ...
High inflation and high interest rates have contributed to vulnerabilities among consumers, making them all the more ...
“With persistent inflation impacting consumer spending on retail goods, the outlook for 2025 remains challenged, but ...
The U.S. Federal Reserve's seemingly locked-in path to a soft landing, already roiled by the arrival of the Trump ...
Inflation remains above the Federal Reserve’s 2% target, making it difficult for the central bank to cut its key interest rate anytime soon. The report also showed that consumer spending ...