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 ...
Stocks rebounded on Friday morning after the core personal consumption expenditures index met expectations, keeping rate cuts ...
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 ...
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
Inflation has risen 0.2% and has boosted the chance of Fed rate cuts this year, but we need to see much more before the Fed ...
The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election ...
A surprise jump in US consumer confidence and weak demand for US Treasuries at the 2 and 5-year auctions drove up US rates, ...
Rolling coverage of the latest economic and financial news. 09:00 Last night, Saudi Arabia announced plans to ...
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