The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
On Tuesday, the euro (EUR) rose by 0.22% following European Central Bank (ECB) official Isabel Schnabel's hawkish speech. However, the pair lost its gains after the release of a better-than-expected ...
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Stripping out food and energy costs, “core” prices rose by 0.1% in November, the figures showed. Over the past year, consumer prices have risen 1.8%, while core prices have increased by 1.9%.
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring ...
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods.
EUROPEAN shares rose on Friday (May 29) after softer US inflation data spurred hopes of interest rate cuts by the Federal ...
The inflation rate in Germany is expected to be +2.4% in May 2024. The inflation rate is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on ...
The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election ...