It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said in a downgrade from its ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer ...
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods.
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
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%.
On Tuesday, the euro (EUR) rose by 0.22% following European Central Bank (ECB) official Isabel Schnabel's hawkish speech. However, the pair lost its gains after the release of a better-than-expected ...
US consumer inflation eased slightly last month, according to government data published Wednesday, in a positive sign for President Joe Biden ahead of November's election.
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 ...