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Fed's Targeted Inflation Gauge Shows Little Tariff Impact
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big tariff-related upswing. Prices rose by 2.3% over the 12 months through May, according to the personal-consumption expenditures price index,
The headline index was up 2.3% year-over-year, as expected.
At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes ...
The Federal Reserve’s preferred inflation gauge had been expected to reinforce the growing case for interest rate cuts sooner ...
US consumer sentiment rose sharply in June to a four-month high and inflation expectations improved notably as concerns eased ...
Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting ...
U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead ...
Inflation in Tokyo slowed for the first time in four months as energy price gains eased and the municipal government waived ...
8hon MSN
Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...
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