Tariff threats and uncertainty could weigh on consumers, drag down US economy, government report suggests
Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part ...
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U.S. consumer spending posts first drop in almost two years
WASHINGTON >> U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, ...
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US Fed's favored inflation gauge cooled slightly in January
The Federal Reserve's preferred inflation measure cooled slightly in January, according to government data published Friday, ...
More Information On The Gloomy American Consumer
Many Americans remain gloomy due to rising income and wealth inequality, despite a solid economy and low unemployment. Read ...
January PCE inflation rose 0.3% for annual rate of 2.5%, meeting Dow Jones expectations
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
US consumers cut spending in January more drastically than at any point in the last four years
Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part ...
January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall.
Trump has a path to killing the Fed’s independence. How this unofficial norm came to exist
The idea that America’s central bank should operate without political interference is a norm without ironclad protections, ...