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.
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
PARIS: European shares rose on Friday after softer US inflation data spurred hopes of interest rates cuts by the Federal ...
Interest-rate sensitive house prices, which surged 45% during the pandemic, have risen around 8% since early 2023, wiping out ...
Stocks staged a mild rebound after the core personal consumption expenditures index came in line with expectations. That ...
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 sentiment rose; perceptions of inflation stay elevated; markets twist their view of UST auctions; Canadian PPI up; milk powder prices mixed; UST 10yr 4.54%; gold and oil up; NZ$1 = 61.5 ...
The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election ...
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 surprise jump in US consumer confidence and weak demand for US Treasuries at the 2 and 5-year auctions drove up US rates, ...