Federal Reserve Bank of New York report warns another round of tariffs on China could be painful
A Federal Reserve Bank of New York suggests a new tariff on China could be especially severe if the Trump administration ...
Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Key Takeaways Inflation cooled in January, according to Personal Consumption Expenditures, the Federal Reserve's preferred ...
The Fed’s preferred inflation gauge cooled last month, but consumer spending sank
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag ...
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
More Information On The Gloomy American Consumer
Many Americans remain gloomy due to rising income and wealth inequality, despite a solid economy and low unemployment. Read ...
January PCE inflation rose 0.3% for annual rate of 2.5%, meeting Dow Jones expectations
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank wants to see further progress that price pressures are easing before it lowers interest rates again.
U.S. inflation rate doesn't get any worse, PCE shows, but latest rise to keep Fed sidelined.
A yardstick of consumer prices used by the Federal Reserve to track U.S. inflation rose fast enough in January to keep the central bank from cutting interest rates anytime soon. The Fed’s preferred ...