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 ...
Consumer Sentiment Hits Lowest Since 2022 as Anxiety Rises Over Inflation and Jobs
Consumers took a gloomier view of the economy in March, the University of Michigan’s monthly survey showed. The headline ...
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 ...
Consumer sentiment measure revised lower in March as inflation expectations climb
The Federal Reserve closely watches long-term inflation expectations, which can presage resurging inflation. Earlier Friday ...
Key Inflation Measure Got Hotter In February
Inflation rose faster than expected in February, according to the PCE report released Friday. Meanwhile, spending rose less ...
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UK inflation unexpectedly falls to 2.8% in boost for Reeves
The rate of Consumer Prices Index (CPI) inflation fell to 2.8 in February from 3 in January, the Office for National Statistics said.