Economy News Consumers See Worsening Economy, Higher Inflation

BofA sees consumer pain increasing from controversial economic policy

To make matters worse, BofA says the core goods Personal Consumption Expenditures (PCE) price index will have risen by 1.3% over the past year and 2.2% annualized since March when the tariffs went ... Read More

A Weakening Economy, and a Drastically Cut Economic Support System

Concerns are reportedly growing over the state of the U.S. economy, so it’s worth checking in on its health. The answer is mixed: some positives as it now stands, but also enough warning signs ... Read More

Hiltzik: How bad is Trump's economy? Election results say it's very bad, and getting worse

For businesses, the effect of Trump's incoherent economic policy decisions is to freeze their planning in place. A recent poll of corporate chief executives indicates that the business leaders are ... Read More

Democrats tap anxiety over Trump’s economy in victories that signal midterm strategy

Economic issues were a driving factor in the off-year elections, putting consumer costs under Trump's administration in the spotlight ... Read More

Economists agree: You’re not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the ‘K-shaped economy’

What was a niche argument about five years ago is suddenly everywhere you look, and it’s taking on the shape of a letter with two jagged edges. Read More

‘Jenga tower’ US economy teeters as middle class pulls back spending

The imbalance between rich households and lower-income earners is taking on new importance as more company executives flag strains in buying habits. Read More

Look out, Donald: Inflation and economic fears are coming for you

The post Look out, Donald: Inflation and economic fears are coming for you appeared first on Salon.com. "That is how Donald Trump’s administration is hurting everyday Americans, most of whom voted for ... Read More

Consumer sentiment sours as government shutdown threatens economic damage

The fresh data marked three consecutive months of worsening shopper attitudes. Consumer sentiment soured in October as a government shutdown threatens to weaken a wobbly economy beset by an uptick in ... Read More

U.S. economy is slowing -- and the nation's top economists don't expect it to improve much over the next year

First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans are contending with a global trade war and a slowing job market. Read More

CPI report shows inflation continued to climb in September

Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted. Read More

SPEECH BY GOVERNOR COOK ON THE ECONOMIC OUTLOOK AND MONETARY POLICY

At The Brookings Institution, Washington, D.C.. Today, I would like to speak to you about how I see the U.S. economic outlook evolving, specifically through the lens of the dual mandate given to the ... Read More

Low Confidence in UK Economy Sees Consumer Spending Decline : KPMG

Consumer confidence in the United Kingdom’s economy declined during the last quarter, reaching the lowest point so far in 2025, according to KPMG’s Consumer Pulse survey. KPMG’s poll of 3000 UK-based ... Read More