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 Personal Consumption Expenditures price index rose 0.3% from the month before, resulting in an annual rate of 2.7% that matched March’s gain, according to Commerce Department data released Friday.
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
PARIS: European shares rose on Friday after softer US inflation data spurred hopes of interest rates cuts by the Federal ...
Stocks rebounded on Friday morning after the core personal consumption expenditures index met expectations, keeping rate cuts possible.
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 is not set to impact the housing market.
Asian markets rose Friday after falling for much of the week, with below-forecast US data injecting some fresh life into hopes the Federal Reserve will cut interest rates this year.