US consumer spending rises solidly, inflation appears stuck above Fed target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth quarter, but progress on lowering inflation appears to have stalled in recent months.
The core PCE inflation measure is half of its 2022 peak, but it’s higher than it ever was from 1994 to 2020 as price ...
The Federal Reserve’s preferred inflation measure remained above the central bank’s 2% target pace in the year through ...
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Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before ...
The Federal Reserve’s preferred inflation gauge is likely to show a sharper increase in prices in October for the second ...
Stock futures were little changed Wednesday ahead of the release of the Federal Reserve's preferred measure of inflation, as investors digested a flurry of earnings reports that came out after ...
U.S. stock futures opened little changed on Tuesday night as traders await the release of the Federal Reserve's favorite ...
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