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.
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
WASHINGTON, May 15 (Reuters) - U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to ...
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
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%.
PARIS: European shares rose on Friday after softer US inflation data spurred hopes of interest rates cuts by the Federal ...
EUROPEAN shares rose on Friday (May 29) after softer US inflation data spurred hopes of interest rate cuts by the Federal ...
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election ...