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3 Defensive Stocks to Buy as Consumer Confidence Ebbs on Fewer Rate Cuts
Americans are not as confident of the economy as they were a few months back. Markets have been volatile from the beginning of this year as inflation has been showing signs of climbing again, ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
US labor costs rise moderately in fourth quarter
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI) ...
U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
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Fed's favored inflation gauge accelerates further in December
The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to ...
US inflation rises in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...