Personal Spending and Fed’s Favored Core Inflation Gauge Both Rose Last Month
U.S. personal income and consumption both rose in February, the Commerce Department said Friday. But the Fed's preferred ...
PCE shows U.S. inflation is still elevated. Tariffs could add to the problem.
Inflation rose at an uncomfortable rate in February for the third month in a row, with the potential of further upward pressure on prices from tariffs being put in place by the Trump White House. The ...
US consumer spending slows as rising prices spark stagflation fears
Federal Reserve Chair Jerome Powell acknowledged last week that inflation had started to rise "partly in response to tariffs.
Stocks plummet after hot inflation report
Stocks sold off Friday after new federal data showed prices rising faster than expected, reigniting inflation fears on Wall ...
Stocks Fall as Inflation Anxiety Dampens Mood on Wall Street
The S&P 500 index dropped 2 percent as investors weighed hotter-than-expected inflation data and braced for President Trump’s next round of tariffs.
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February, as ...
Moderate US consumer spending, increasing prices raise specter of stagflation
U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in ...
Consumer spending lit a fire under the U.S. economy. Now it’s flickering as inflation reignites.
Inflation is headed in the wrong direction and Americans have grown more cautious about how much they spend — not a good omen ...
US consumers remained cautious about spending last month as inflation ticked higher
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has ...