US consumer spending slows as rising prices spark stagflation fears
Federal Reserve Chair Jerome Powell acknowledged last week that inflation had started to rise "partly in response to tariffs.
Why Wall Street's plunge firms case for interest rate cut but RBA will likely ignore
With little risk of inflation spiking higher, the RBA could comfortably move to cut interest rates on Tuesday. But it's highly unlikely to do so, and it's worth exploring why.
Moderate US consumer spending, increasing prices raise specter of stagflation
U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in ...
Weak Spending, Sticky Prices, Rising Inflation Expectations a Bad Mix for Fed
The Fed's main narrative until recently has been for a continued low unemployment rate and gradually falling inflation ...
University of Delaware1d
A legacy of learning and economic insights
Patrick Harker, president and CEO of the Federal Reserve Bank of Philadelphia, made his final appearance at UD’s Annual Lyons ...
Barchart on MSN1d
Dollar Turns Lower as US Consumer Sentiment Falls
The dollar gave up an early advance today and turned lower after the University of Michigan March US consumer sentiment index ...
PCE: Fed's preferred inflation gauge rises 0.4% in February; higher than expecations
However, the Commerce Department announced Friday that the Fed's key inflation measure expanded more than expected in ...
ConsumerAffairs1d
The Fed’s favorite inflation gauge rose more than expected in February
The Consumer Price Index is the traditional measure of inflation, but lately the Federal Reserve has paid closer attention to ...
GBP/USD Weekly Outlook: Pound Sterling braces for Trump’s tariff wave
The GBP/USD’s bullish bias remains intact, as indicated by the daily technical setup. The Pound Sterling (GBP) sustained its ...
Public Broadcasting Service (PBS)1d
U.S. inflation gauge remained high in February but consumer spending recovered after steep fall
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has ...
Fed's Preferred Inflation Metric, Consumer Sentiment in Focus; Bank of Mexico Makes Half-Point Rate Cut
Businesses are "frozen" or "paralyzed" with indecision and consumers are showing "signs of caution" because of all the rapid-fire changes in Washington, creating a "fog" over the economy.
Inflation Might Be Stuck for Now. The Fed’s Preferred Metric Comes Friday.
Americans finally got some good news in the form of cooling inflation earlier this month. But the Federal Reserve’s preferred ...