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 ...
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 index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods.
The FTSE 100 ( ^FTSE) and European stocks were mostly lower on Tuesday as UK shop price rises returned to normal levels, ...
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.
A new round of price cuts by major U.S. retailers and data showing a consumer spending slowdown may boost the Federal Reserve ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
While consumer spending did increase, it was at a slower pace than previously estimated. The Commerce Department had ...
The report from the Commerce Department also showed tepid consumer spending, a wrinkle that could help the Fed’s inflation ...
U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...