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Singh’s Take: Why Slowing Consumer Spending Could Be Good News for the Fed
The Wall Street Journal· 18 hours agoU.S. consumers are cooling their spending. That might be just what the Federal Reserve is looking for.
Fed’s Barkin Says Inflation to Linger as Rate Hikes Take Full Effect
Barrons.com· 6 hours ago“Job growth and inflation have come down…and consumer spending seems to be slowly settling down,”...
Consumers were still cautious in May. That might be a good thing.
Retail Dive via Yahoo Finance· 18 hours agoAs retailers prepare for the back-to-school and holiday seasons and the Fed grapples with its...
Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending
Las Vegas Sun· 3 days agoConsumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending ...
Why the Fed might need to 'get on with it' and cut rates
Yahoo Finance· 2 days agoThe Federal Reserve has projected just one interest rate cut this year. The latest round of monthly...
Americans could be on a tight budget this summer
CNN Business via Yahoo Finance· 17 hours agoAmericans tend to shell out in the summer as they venture outdoors, book trips and step away from their desks. This year, warm weather might not be...
Trump’s Campaign Message About Inflation Has the Facts Wrong
Time via AOL· 8 hours agoTrump... Cain and gold-standard advocate Judy Shelton to the Fed Board; and protected Chair Jerome...
Retail Sales Miss Again. That Boosts the Case for a Rate Cut.
Barrons.com· 3 days agoMay was another lackluster month for consumer spending as softening economic conditions take a toll...
It's back to reality for cash-strapped consumers as pandemic stimulus payments dry up
USA Today· 19 hours agoEarly in the pandemic, consumers faced some limitations for spending their money, as on travel – another factor that helped to pad their bank accounts.
Consumers remain wary of economy | Northwest Arkansas Democrat-Gazette
Northwest Arkansas Democrat Gazette· 6 days agoJune's reading is about 30% higher than the bottom reached in June 2022, when inflation peaked at a...