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.
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 ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
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$1 = 61.5 ...
Price cuts by major U.S. retailers and new data showing a slowdown in consumer spending may boost the Federal Reserve's confidence in falling inflation and take the edge off of corporate profits that ...
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
Stocks staged a mild rebound after the core personal consumption expenditures index came in line with expectations. That ...
Interest-rate sensitive house prices, which surged 45% during the pandemic, have risen around 8% since early 2023, wiping out ...
Piazza Affari and the main stock exchanges of the Old Continent closed May on a swing (but Milan gained 2% in the month) while the receding of the decline in Fed rates causes the American stock ...
The S&P 500 Index ($SPX) (SPY) today is down -0.50%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.36% ...