US economy holds firm in early Q4; inflation stuck above Fed's target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
US consumer spending rises solidly, inflation appears stuck above Fed target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
US inflation gauge ticks higher with price pressures still stubborn
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
Fed’s Favored Inflation Metric Ticked Up To 6-Month High In October
The core PCE inflation measure is half of its 2022 peak, but it’s higher than it ever was from 1994 to 2020 as price ...
Asian stocks subdued, dollar drifts ahead of US Thanksgiving
Asian shares were subdued on Thursday and the dollar was on the defensive after U.S. data showed progress in slowing ...
'Inflation fatigue' to spur shoppers to spend cautiously on Black Friday weekend, experts project
Holiday retail spending nationwide is expected to grow modestly this year with consumers still shell-shocked over recent ...
Fed's preferred inflation gauge rises to 2.3% annually, meeting expectations
The personal consumption expenditures price index was expected to show inflation at 2.3% in October.
Focus on Euro area inflation today and tomorrow
ECB's Chief Economist Lane will be speaking today. Overnight we will receive Tokyo CPI out of Japan. Consensus expects ...
The Fed's Preferred Inflation Measure Remains Stubbornly High
Fed officials had been hoping this fall for a clean downtrend in inflation, allowing them to focus more fully on preventing ...
Soft landing? Not so fast: Inflation heated back up in October
The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump ...
Inflation 'as an issue' is fading, strategist says
The move by Federal Reserve's preferred inflation gauge further from the central bank's target might not matter all that much, given the expected emphasis on taxes and tariffs in 2025. At least that's ...