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.
Consumer confidence in the U.S. rose in May after three straight months of declines, though Americans are still anxious about ...
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer ...
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods.
The rest of the PCE data matched expectations, but the decline in the core readings of the index suggests that inflation might ease faster than previously thought in the United States, increasing the ...
A new round of price cuts by major U.S. retailers and data showing a consumer spending slowdown may boost the Federal Reserve ...
WASHINGTON -- Consumer confidence in the U.S. rose in May after three straight months of declines, though Americans are still ...
Stock markets wavered Friday as investors digested fresh US and eurozone inflation data that could set the tone for ...
US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly ...
Stock markets were mixed Friday as investors digested fresh US and eurozone inflation data that could set the tone for ...
After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that ...