It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring ...
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
The consumer price index rose 0.2% in December instead of 0.3% as reported last month, the revisions of the CPI data published by the Labour Department’s Bureau of Labour Statistics (BLS) showed.
While consumer spending did increase, it was at a slower pace than previously estimated. The Commerce Department had ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
The report from the Commerce Department also showed tepid consumer spending, a wrinkle that could help the Fed’s inflation ...
The University of Michigan's Consumer Sentiment Index edged past expectations with a print of 69.1, falling 8.1 points ...
Earlier, the United States' The Confidence Board revealed its latest Consumer Confidence Index Data, with a worrying ...
WASHINGTON (Reuters) -U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months ...
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 ...
(Reuters) – European shares climbed on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the ...