It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
A new round of price cuts by major U.S. retailers and data showing a consumer spending slowdown may boost the Federal Reserve ...
The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' assessment of current ...
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
Consumer confidence in the U.S. rose in May following three straight months of declines, but Americans remain anxious about ...
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods.
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 U.S. economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer ...
U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...