US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation.
The disinflationary trend in (sticky) service prices has ended at the level above 3%. The deflationary trend in (flexible) goods prices has ended and now the goods inflation is also rising driven by ...
The last piece of official inflation data to land before the Federal Reserve’s policymaking meeting next week was a shutdown-delayed report that showed the pace of price hikes remained stubborn in ...