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 ...
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
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 ...
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
Stocks staged a mild rebound after the core personal consumption expenditures index came in line with expectations. That ...
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 ...
The University of Michigan's Consumer Sentiment Index edged past expectations with a print of 69.1, falling 8.1 points ...
Asian markets rose Friday after falling for much of the week, with below-forecast US data injecting some fresh life into hopes the Federal Reserve will cut interest rates this year.
Gold prices edged lower on Wednesday as the U.S. dollar and Treasury yields held firm ahead of key inflation data, which could offer more clarity on the Federal Reserve's interest rate trajectory. Spo ...