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 ...
Consumer confidence in the U.S. rose in May following three straight months of declines, but Americans remain anxious about ...
The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' assessment of current ...
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 consumer price index rose 0.2% in December instead of 0.3% as reported last month, the revisions of the CPI data published by the Labour Department’s Bureau of Labour Statistics (BLS) showed.
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
The FTSE 100 ( ^FTSE) and European stocks were mostly lower on Tuesday as UK shop price rises returned to normal levels, ...
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer ...
While consumer spending did increase, it was at a slower pace than previously estimated. The Commerce Department had ...
European shares climbed on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the Federal ...