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PCE inflation report could show U.S. prices rising at slowest rate of the year
Market Watch· 9 hours agoThe PCE is the Federal Reserve’s preferred price barometer because it’s the most comprehensive...
Retail sales were unchanged in April from March as inflation and interest rates curb spending
CBS News· 52 minutes agoAmericans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome ...
Tokyo CPI inflation grows as expected in May, but remains sluggish
Investing.com via Yahoo Finance· 6 hours agoInvesting.com-- Tokyo consumer price index inflation grew as expected in May amid some pick-up in spending, but still remained around ...
Bank of America CEO: Consumers, Businesses Pulling Back on Spending
PYMNTS.com· 3 hours agoBrian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened ...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
WHIO-TV 7 Dayton· 2 hours agoConsumer spending rose but at a slower pace than previously thought, a sign that high interest rates...
Dollar regroups before inflation test; yen brushes off Tokyo CPI
Reuters via Yahoo Finance· 30 minutes agoGDP for the first quarter suggested room for rate cuts this year, while investors braced for ...
Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
NBC Universal via AOL· 5 hours agoU.S. consumers and businesses alike have turned cautious about spending this year because of...
Thursday was a sour day for the US economy — with an important silver lining
CNN Business via Yahoo Finance· 1 hour agoThe benchmark 10-year US Treasury yield...Thursday’s indicators point to some economic pressure...
Consumers curb US economic growth in first quarter, inflation cools
Reuters via Yahoo Finance· 13 hours ago(Reuters) -The U.S. economy grew more slowly in the first quarter than previously estimated after...
GDP shows U.S. economy grew 1.3% in the first quarter as consumer spending slowed
Market Watch· 13 hours agoThe biggest contributors to the tepid GDP report were a wider trade deficit and lower production of...