Consumers are saving more and spending less as Trump’s tariffs loom
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 ...
US consumers remained cautious about spending last month as inflation ticked higher
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has ...
US consumer spending slows as rising prices spark stagflation fears
Federal Reserve Chair Jerome Powell acknowledged last week that inflation had started to rise "partly in response to tariffs.
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Consumer spending during Q1 shrinks for first time since pandemic
Stockpiling ahead of potential tariff implementation on a wide range of consumer goods could lead to a pullback in goods ...
Consumer confidence slumps to 12-year low as Americans fret over their financial prospects
Americans are increasingly anxious about their financial prospects, with a closely watched gauge of consumer confidence ...
The American consumer is on the ropes. Tariffs — and anxiety — could deliver the knockout blow
High inflation and high interest rates have contributed to vulnerabilities among consumers, making them all the more ...
Inflation and Shifting Consumer Trends Reshape U.S. Office Supplies Market in 2024
“With persistent inflation impacting consumer spending on retail goods, the outlook for 2025 remains challenged, but ...
Japan February household spending dips as inflation weighs
TOKYO (Reuters) -Japanese household spending fell for the first time in three months in February, government data showed on ...
Fed Chair Jerome Powell says Trump tariffs are ‘likely to raise inflation’ and the economic effects could be ‘significantly larger’ than expected
Fed Chair Jerome Powell warned on Friday that President Donald Trump’s sweeping tariffs would likely push inflation higher, ...