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Savings Rates Pressured as Consumer Spending Outpaces Disposable Personal Income Growth
PYMNTS.com· 6 days agoThe latest data on personal consumption notes that spending is outpacing the growth in disposable ...
Fed Keeps Interest Rates Frozen: What Another Pause Means for Your Credit Cards
CNET· 8 minutes agoIf you think the Federal Reserve is starting to sound like a broken record, you’re not alone. For...
How Long $2 Million Will Last in Retirement in Hawaii
GOBankingRates via Yahoo Finance· 7 hours agoIf you want to move away for retirement, Hawaii is literally as far away as you can get. According...
What's behind the unstoppable American consumer
Axios· 6 days agoWhy it matters: The drivers of such robust spending — and how long they can last — are key to what's ahead for the economy. By the numbers: For the...
Inflation picks up
The Hill· 6 days agoThe personal consumption expenditures (PCE) price index rose 0.3 percent in March, holding steady from February. The PCE price index rose 2.7 percent over the past year, around ...
'Inflation is still a problem': Consumers are spending more and saving less, new federal data shows
WCPO Cincinnati· 2 days agoConsumers are spending more money, but are cutting back on saving, according to new federal data....
Fed Inflation Gauge Surges to 2.8% in March, Surpassing Expectations
FX Empire· 6 days agoFed’s inflation measure exceeds forecasts; all-items PCE index signals robust inflation, with March...
The Fed’s preferred inflation gauge just moved in the wrong direction
WAOW Wausau· 6 days agoThe Personal Consumption Expenditures price index — a closely watched inflation gauge favored by the Federal Reserve — accelerated to 2.7% for the year ended in March, according ...
Slipping Confidence Hard to Square with Resilient Spending
The Forex Market· 2 days agoIt may be that in order to sustain the breakneck pace of spending, consumers are spreading...
Inflation Heads in Wrong Direction for Fed
The Conference Board· 7 days agoThursday’s Q1 GDP report revealed that the US economy is slowing on the back of Fed interest rate hikes, subdued foreign demand, inventory mismatches, and less government spending. Consumers ...
