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.
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Dollar Declines on Weak US Economic News
The dollar gave up an early advance Friday and turned lower after the University of Michigan March US consumer sentiment ...
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 ...
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 ...
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 ...
Q&A: What is the consumer price index? An economist explains
The U.S. Bureau of Labor Statistics (BLS) released the latest inflation report, based on the U.S. Department of Labor's ...
Will the Next Social Security COLA Be Higher Than This Year's Increase? The Fed Just Gave a Big Clue.
Most retirees have probably gotten used to their Social Security benefits increase for 2025 by now. The latest cost-of-living ...
Here's How Many Interest Rate Cuts the Fed Is Projecting in 2025 -- and What It Means for Stocks
The U.S. Federal Reserve has a dual mandate. First, it's tasked with keeping inflation under control, which means ensuring ...