The Federal Reserve's preferred inflation gauge eased modestly last month, but personal-spending figures showed one of the ...
The U.S. Bureau of Economic Analysis reported a rise in personal income for January, while personal outlays and consumption ...
The Federal Reserve's preferred inflation index showed little progress toward its target of 2%, increasing the likelihood of ...
Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects ...
The Federal Reserve’s key measure of inflation cooled slightly in January, giving investors a glimmer of hope for interest rate cuts.
DXY nears 108.00 as inflation data bolsters Fed rate cut hopes. Bitcoin plunges below $80K, gold sees first weekly decline in ...
The Federal Reserve's preferred yardstick showed prices rising at a faster clip than initially reported, adding to the ...
The Federal Reserve’s preferred measure of inflation — the personal consumption expenditure (PCE) index — came in at 0.3 percent in January, twice the Federal Reserve’s implied target of 0.17 p ...
The U.S. economy advanced at a healthy pace and inflation was more stubborn than initially estimated at the end of 2024, Bloomberg reports. Gross domestic product increased at an unrevised 2.3% ...
The outlook for the world’s largest economy is more muted, however. After expanding 2.8% in 2024, GDP is seen rising 2.3% this year as cooler job growth tempers consumer demand. Moreover, Federal ...
Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the ...
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