US inflation has increased since Trump took office – why prices are unlikely to come down soon
Realistically, Trump was never going to bring down prices for US consumers. To do that would be deflationary, and economists ...
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US inflation slows, but Fed's wary of spending slump
Inflation in the US went down slightly in January, but people spent less money than expected, making it harder for the ...
Here’s where the Fed’s preferred inflation reading landed in January
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
‘CD rates will likely keep dipping.’ You can still snag CDs paying 4-5%, but for how much longer?
While the Federal Reserve slashed rates three times in 2024, they’ve kept rates steady so far this year — and some CDs are ...
Tariff threats and uncertainty could weigh on consumers, drag down US economy, government report suggests
Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part ...
Wall Street eases toward the end of its dreary February
A rebound for Nvidia following its sharp drop the day before helped steady the market, and the majority of stocks rose.
Inflation fell to 2.5% in January in Fed’s preferred gauge
The decline in the personal consumption expenditures index from 2.6% the month before was in line with expectations.
Atlanta Journal-Constitution2h
Tariffs will raise prices, it’s just a matter of how much, Atlanta Fed says
The proposed tariffs on China, Mexico, Canada and other U.S. trading partners could raise prices for consumers on everyday items by up to 2.6%, according to a new study.
American Banker2h
Why these community banks are betting on niche businesses
Concentrating in narrow specialties can attract both relatively low-cost deposits and low-risk loans in an era of high ...
Honolulu Star-Advertiser2h
U.S. consumer spending posts first drop in almost two years
WASHINGTON >> U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, ...
Why Friday’s PCE inflation report presents a ‘conundrum’ for the Fed
The latest inflation and spending data from Friday’s personal consumption expenditures report point to “a worrisome monetary policy conundrum” for the Federal Reserve, according to Olu Sonola, the ...