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Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more...
Fortune via Yahoo Finance· 5 hours ago"You can call this the Fed Cut Reflexivity Paradox: The more the Fed insists that the next move in...
US inflation up moderately in April, consumer spending weakens
Reuters via Yahoo Finance· 2 days ago(Reuters) -U.S. inflation tracked sideways in April and consumer spending weakened, mixed signals...
US Economic Growth Revised Down to 1.3% in Q1, Consumer Spending Slows
Homenewshere.com· 1 day agoUS economic growth in the first quarter was revised down slightly from an initial estimate of 1.6%...
Inflation cooldown incoming for U.S. economy
Axios· 1 day agoThe report also said consumer spending rose a modest 0.2% in April, versus 0.7% in both February and March.
3 Stocks to Dump Now to Dodge Hefty Losses
InvestorPlace· 13 hours agoThe impact of raising interest rates 11 times from 2022 to 2023 is seen through consumer spending, which saw 0% growth from March to April and a 0.1%...
April PCE inflation not too hot, or cool
Reuters via Yahoo Finance· 2 days agoThe personal consumption expenditures (PCE) price index increased 0.3% last month, the Commerce Department said on Friday, matching the unrevised gain in...
Core PCE Inflation In Line With Expectations
Zacks via Yahoo Finance· 2 days agoPersonal Spending, the only metric to break with estimates, came in at a cooler +0.2% (+0.4% expected), from...also in-line with the previous month’s...
Tokyo CPI inflation grows as expected in May, but remains sluggish By Investing.com
Investing.com· 2 days agoInvesting.com-- Tokyo consumer price index inflation grew as expected in May amid some pick-up in ...
Are Rate Cuts Imminent After Fed's Preferred Inflation Data Holds Steady?...
Benzinga via Yahoo Finance· 1 day agoThe Personal Consumption Expenditure (PCE) price index, a preferred inflation gauge for the Federal...
An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
The Nashua Telegraph· 22 hours agoOn Friday, May 31, 2024, the Commerce Department issues its report on consumer spending for April....