The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Price cuts by major U.S. retailers and new data showing a slowdown in consumer spending may boost the Federal Reserve's confidence in falling inflation and take the edge off of corporate profits that ...
US prices rose 0.2 per cent from March to April, down from 0.3 per cent in the previous month. -AP A price gauge closely ...
US consumer sentiment rose; perceptions of inflation stay elevated; markets twist their view of UST auctions; Canadian PPI up; milk powder prices mixed; UST 10yr 4.54%; gold and oil up; NZ$1 = 61.5 ...
On Tuesday, the euro (EUR) rose by 0.22% following European Central Bank (ECB) official Isabel Schnabel's hawkish speech. However, the pair lost its gains after the release of a better-than-expected ...
The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election ...
Stocks rebounded on Friday morning after the core personal consumption expenditures index met expectations, keeping rate cuts ...
The Conference Board, a business research group, said Tuesday that its consumer confidence index rose in May to 102 from 97.5 in April. Analysts were expecting the index to decline again. The index ...
European shares climbed on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the Federal ...
In the daily analysis, the Relative Strength Index (RSI) stands in positive territory but exhibits a minor decline in the latest session, indicating a minor momentum shift that could favor sellers in ...