A social-media driven protest called on consumers to boycott major businesses Friday and shop at local small businesses instead.
The decline in the personal consumption expenditures index from 2.6% the month before was in line with expectations.
Most analysts are staying on the sidelines. Of the 18 analysts covering WBA tracked by S&P Global Market Intelligence, four ...
U.S. government debt rallied on Friday, pushing yields broadly lower, after inflation from the Federal Reserve's preferred measure came in as expected for January.Treasury yields finished lower for ...
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.
Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
WASHINGTON (NEXSTAR) — A new report out from the Commerce Department shows inflation cooled off slightly last month. The ...
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
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 ...
The Fed is well known to view core PCE as its inflation indicator of choice. However, wealth managers have their own ...
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...