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US inflation up moderately in April, consumer spending weakens
Reuters· 6 days agoS. central bank will be able to begin cutting interest rates in September...increases could last...
Price cuts, weaker spending could bolster Fed's faith in inflation outlook
Reuters via AOL· 6 days agoWASHINGTON (Reuters) -Price cuts by major U.S. retailers and new data showing a slowdown in consumer...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
seattlepi.com· 7 days agoThe U.S. economy grew at a sluggish 1.3% annual pace from January through ...2022, the government...
U.S. Consumer Prices Rise In Line With Estimates, Core Prices Edge Up Less Than Expected
RTT News· 6 days agoA highly anticipated report released by the Commerce Department on Friday showed consumer prices in the U.
Biden gets more bad news about the economy
Newsweek· 7 days agoThe U.S. economy accelerated at a slower pace in the first quarter than initially thought, the Commerce Department ...
An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
Houston Chronicle· 6 days agoA price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that...
Biden Hit With More Dismal News About the Economy
MSN News· 6 days agoBiden Hit With More Dismal News About the Economy
April PCE inflation not too hot, or cool
Reuters via Yahoo Finance· 6 days agoThe personal consumption expenditures (PCE) price index increased 0.3% last month, the Commerce Department said on Friday, matching the unrevised gain in...
Fed Seen More Likely to Cut Rates in Sept After PCE Data
US News & World Report· 6 days agoThe report showed the core personal consumption expenditures price index, which the Fed uses to gauge underlying price pressures, rose 0.2% in April from March, following a 0.3% increase the ...
Retail sales were unchanged in April from March as inflation and interest rates curb spending
CBS News· 7 days agoAmericans unexpectedly paused their spending in April from March as inflation continued to sting and elevated...economists' expectations, and follow a revised 0.6% pace in ...
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