“With persistent inflation impacting consumer spending on retail goods, the outlook for 2025 remains challenged, but ...
The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in ...
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has ...
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 ...
Stockpiling ahead of potential tariff implementation on a wide range of consumer goods could lead to a pullback in goods ...
U.S. personal income and consumption both rose in February, the Commerce Department said Friday. But the Fed's preferred ...
Federal Reserve Chair Jerome Powell acknowledged last week that inflation had started to rise "partly in response to tariffs.
U.S. consumer spending rebounded in February amid rising prices for goods and services, which could amplify fears that the ...
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 ...