Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall.
Inflation expectations vary by political affiliation, surveys show, but fears of inflation can be self-fulfilling.
The American consumer is getting worried about the economy. Economic jitters are showing up across various sentiment surveys ...
Traders of futures contracts that settle to the Federal Reserve's policy rate maintained bets on Friday that the U.S. central ...
Donald Trump and Keir Starmer met in Washington, raising hopes the UK could escape tariffs the US has threatened on others.
The survey director noted that long-range inflation expectations have increased quickly, calling it an “unusually large ...