News

New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...
The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...
At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes ...
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...
Investors have been closely watching data releases for signs of when, or if, the Federal Reserve will cut interest rates this ...
Crypto markets drop as Bitcoin slides to $106K as PCE hits 2.7%; Goldman and Brooks warn inflation respite may be ending.