It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring ...
The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' assessment of current ...
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
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 ...
A new round of price cuts by major U.S. retailers and data showing a consumer spending slowdown may boost the Federal Reserve ...
The FTSE 100 ( ^FTSE) and European stocks were mostly lower on Tuesday as UK shop price rises returned to normal levels, ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
The consumer price index rose 0.2% in December instead of 0.3% as reported last month, the revisions of the CPI data published by the Labour Department’s Bureau of Labour Statistics (BLS) showed.
The report from the Commerce Department also showed tepid consumer spending, a wrinkle that could help the Fed’s inflation ...
While consumer spending did increase, it was at a slower pace than previously estimated. The Commerce Department had ...
European shares climbed on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the Federal ...