Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
The Federal Reserve's key measure of inflation cooled slightly in January. The personal consumption expenditures price index, which measures price changes for consumers, rose .3% since last month and ...
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
A social-media driven protest called on consumers to boycott major businesses Friday and shop at local small businesses instead.
The decline in the personal consumption expenditures index from 2.6% the month before was in line with expectations.
The latest inflation and spending data from Friday’s personal consumption expenditures report point to “a worrisome monetary policy conundrum” for the Federal Reserve, according to Olu Sonola, the ...
Most analysts are staying on the sidelines. Of the 18 analysts covering WBA tracked by S&P Global Market Intelligence, four ...
U.S. government debt rallied on Friday, pushing yields broadly lower, after inflation from the Federal Reserve's preferred measure came in as expected for January.Treasury yields finished lower for ...
Inflation is still a sore spot for the U.S. economy, but at least it didn’t get much worse at the start of the year.
WASHINGTON (NEXSTAR) — A new report out from the Commerce Department shows inflation cooled off slightly last month. The ...
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.