Fed Chairman Jerome Powell noted the impact of tariffs has so far remained at the lower end of expectations and could prove ...
Interest rates are headed down, but the question may be whether that is enough to offset weakness in the labor market.
Consumer prices rose 2.7% over the year in August as measured by PCE inflation, up from 2.6% in July, while "core" prices ...
Forecasters expect inflation to continue rising in the fourth quarter as President Donald Trump's tariffs continue to push up ...
The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, ...
Democrats are eager to hammer Trump on the economy, where his polling is at its lowest point. But Republicans are confident economic sentiment is about to turn in their favor.
The Fed risks repeating the mistake it made in 1967, before inflation spiraled into a stagflation crisis, TS Lombard said ...
Richmond Federal Reserve President Thomas Barkin said Friday he sees limited risks of a big rise in either unemployment or ...
Core Personal Consumption Expenditure Price Index (excludes food and energy): +0.2% vs. +0.2% consensus and +0.2% prior ...
Economists had expected a slight increase in inflation, but consumer spending came in a little stronger than forecast.
The Personal Consumption Expenditures (PCE) Price Index, which measures the value of goods and services, increased 2.7% ...
Personal income, which rose $95.7B in August was overtaken by consumer spending, which jumped $129.2B, pushing the saving rate to 4.6% amid steady inflation and higher wages.
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