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Inflation cooldown incoming for U.S. economy
Axios· 19 hours agoDriving the news: The Personal Consumption Expenditures Price Index, the Fed's preferred gauge, showed a slight deceleration in core inflation, with...
US inflation up moderately in April, consumer spending weakens
Colorado Springs Gazette· 1 day agoThe data suggested the elevated pace of price increases could last longer than expected but also the...
Consumers are spending less. Where's that economic slowdown? - Marketplace
Marketplace· 19 hours agoThis economy is taking baby steps, slowing down enough for inflation to hit the Fed’s target....
Price cuts, weaker spending could bolster Fed's faith in inflation outlook By Reuters
Investing.com· 1 day agoWASHINGTON (Reuters) -Price cuts by major U.S. retailers and newdata showing a slowdown in consumer ...
Fed’s Favored Inflation Gauge Cools, Spending Unexpectedly Drops
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- The Federal Reserve’s preferred measure of underlying US inflation moderated in April...
The Conference Board
The Conference Board· 1 day agoReal consumer spending fell in April and month-on-month inflation readings moderated following the spikes seen over the first quarter of the year. Real ...
Want to measure the ‘vibecession’? Start by looking at how much money Americans can save right now.
Market Watch· 4 hours agoInflation trends may be going in the right direction, but the same batch of data showed Americans...
US inflation up moderately in April, consumer spending weakens
KSL Salt Lake City· 1 day agoThe data suggested the elevated pace of price increases could last longer than expected but also the...
BofA CEO Brian Moynihan says both consumers and businesses are ‘slowing things down’—in fact,...
Fortune via AOL· 1 day agoThe singer songwriter has smashed world records with her Eras Tour, which has grossed more than $1...
Fed Seen More Likely to Cut Rates in Sept After PCE Data
US News & World Report· 1 day agoAfter the data, traders priced in about a 53% chance of a rate cut in September, versus about 49% before the report. The report showed the core personal consumption...price ...