Prices excluding food and energy rose at an annual rate of 2.8% in April as inflation eased after flaring earlier this year.
The Federal Reserve's go-to inflation gauge ticked down in April as consumers pulled back on spending ... That came as ...
The Fed watches the personal consumption expenditures price index closely. It rose at the slowest monthly rate this year, ...
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
As the inflation figure trends upwards, the Bank raises rates to cool an overheated economy. Since April 2022, the BoC has hiked its overnight rate 10 times by 475 basis points, to currently sit ...
If your budget is squeezed by high borrowing costs for mortgages, credit cards and other loans, a relatively tame inflation ...
U.S. inflation tracked sideways in April, a worrying sign for the U.S. central bank that suggests the elevated pace of price ...
US inflation tracked sideways in April and consumer spending weakened, mixed signals for the Federal Reserve that provided ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased by 0.2%, down from a ...
However, with inflation numbers starting to cool off, the sector wrested its slide somewhat in May ... U.S. consumer prices ...
Locking in your rate now could be a smart move, but only in some cases, experts say. Here's what you should know.
U.S. job openings fell more than expected in April to the lowest in more than three years, a sign that labour market conditions are softening in a manner that could help the Federal Reserve’s fight ...