Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
Americans’ inflation expectations have surged to 4.3%, marking one of the sharpest three-month increases since 1979, according to new data that has economists concerned about price stability. The ...
WASHINGTON >> U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, ...
The latest inflation and spending data from Friday’s personal consumption expenditures report point to “a worrisome monetary policy conundrum” for the Federal Reserve, according to Olu Sonola, the ...
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
The January print of the Personal Consumption Expenditures (PCE) index, known to be the Federal Reserve’s “preferred” ...
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
Inflation came in as expected in January, according to a metric closely followed by the Federal Reserve released on Friday. That could be welcome news as the personal consumption price expenditures ...
The survey director noted that long-range inflation expectations have increased quickly, calling it an “unusually large ...
German headline inflation was unchanged at 2.3% year-on-year in February. Core inflation came down to 2.6% YoY from 2.9% YoY.
US stocks open mostly up after Fed's favorite inflation gauge matches forecasts. But tariff worries linger. Indexes are on track for a losing month.