Order byBest matchMost fresh

inflation, Consumer spending

Digest more
Top News
Overview
Associated Press News |
Inflation remains above the Federal Reserve’s 2% target, making it difficult for the central bank to cut its key interest rate anytime soon.
Reuters |
The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in January, the U.S. Commerce Department said on Friday.

Read more on News Digest

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 been felt.
Consumer spending lit a fire under the U.S. economy. Now it’s flickering as inflation reignites.
Inflation is headed in the wrong direction and Americans have grown more cautious about how much they spend — not a good omen for the U.S. economy.
Consumer spending rebounded in February, but inflation is still above target
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 money into savings,
VIEW US Feb PCE prices index shows inflation picture still a conundrum
The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in January, the U.S. Commerce Department said on Friday. Economists had forecast the PCE price index gaining 0.
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February, as inflation-adjusted spending stayed muted.
Personal Spending and Fed’s Favored Core Inflation Gauge Both Rose Last Month
U.S. personal income and consumption both rose in February, the Commerce Department said Friday. But the Fed's preferred metric for core inflation increased farther above the central bank's target. Incomes climbed by 0.
Moderate US consumer spending, increasing prices raise specter of stagflation
U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in 13 months, stoking fears the economy was facing a period of tepid growth and high inflation amid an escalation in trade tensions.
US Economy Grew 2.4% Last Quarter as Corporate Profits Jumped
The US economy expanded at a faster pace in the fourth quarter than previously estimated amid a robust increase in corporate profits.
Stock market today: Dow drops 700 points, S&P 500, Nasdaq sink as Wall Street reels from tariff, inflation fears
US stocks tanked on Friday as Wall Street grappled with President Trump's escalating trade war and weighed signs of reinvigorated inflation pressures amid souring consumer sentiment. The major averages fell on Friday after the release of a hotter-than-expected Personal Consumption Expenditures index reading,
Wall Street tumbles, and S&P 500 drops 2% on worries about slower economy, higher inflation
U.S. stocks are falling following discouraging updates on inflation and how much U.S. households may be willing to spend.
Average US rate for 30-year mortgage falls slightly to 6.65% after rising for 2 weeks
The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers in what is traditionally the busiest time of the year for the housing market
Inflation Ran a Little Hotter in February as Spending Rose
A strong increase in spending on goods suggests Americans were making purchases ahead of proposed tariffs from President Donald Trump.
Average US rate on a 30-year mortgage falls slightly to 6.65% after rising for 2 weeks
The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers in what is traditionally the busiest time of the year for the housing market.
Feedback