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Price cuts, weaker spending could bolster Fed's faith in inflation outlook
Reuters via AOL· 6 days agoThe Commerce Department had reported on Thursday that the U.S. economy grew more slowly than
US inflation up moderately in April, consumer spending weakens
Reuters· 6 days ago"People have been pinched for a while, and it's likely...NerdWallet. The personal consumption...
Record Investment Income Fuels Continued Consumer Spending
PYMNTS.com· 1 day agoRising investment income, high household wealth and strong employment rates are keeping Americans ...
Fed Seen More Likely to Cut Rates in Sept After PCE Data
US News & World Report· 6 days 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 expenditures ...
Price gauge logs slower US growth | Northwest Arkansas Democrat-Gazette
Northwest Arkansas Democrat Gazette· 5 days agoA price gauge closely tracked by the Federal Reserve cooled slightly last month after running high...
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...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
San Francisco Chronicle· 7 days agoConsumer spending rose but at a slower pace than previously thought, a sign that high interest rates...
The Fed’s favorite inflation gauge showed little progress last month – KION546
KION 46 Salinas· 6 days agoThe Personal Consumption Expenditures price index — a closely watched inflation gauge that the Fed...
Key Fed Inflation Rate Falls, Lifting Rate-Cut Hopes; S&P 500 Rises
Investor's Business Daily· 6 days agoPersonal Income, Spending The PCE price index is released with the Commerce Department's monthly...
Fed’s favorite inflation tracker flatlined in April
The Hill via AOL· 6 days agoThe Federal Reserve’s preferred gauge of inflation flatlined in April as Americans pulled back slightly from spending, according to federal data released...