Economy News Us Economy News Today Could Consumer Spending Stall Rate Cuts

US consumer spending slows in September as high prices curb demand

By Lucia Mutikani WASHINGTON, Dec 5 (Reuters) - U.S. consumer spending increased moderately in September after three straight months of solid gains, suggesting a loss of momentum in the economy at the ... Read More

Even if Fed cuts rates again, U.S. economy may not get much of a boost

Rate-sensitive industries, like housing, could see a limited benefit from lower borrowing costs because prices remain near record highs. Read More

Consumer spending stalled in September as inflation remained stubborn

The last piece of official inflation data to land before the Federal Reserve’s policymaking meeting next week was a shutdown-delayed report that showed the pace of price hikes remained stubborn in ... Read More

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

US Consumer Spending Stalled in September, Inflation in Line

US consumer spending stalled in September, suggesting Americans were already stretched going into the government shutdown in the face of stubborn inflation. Read More

Fed’s preferred inflation gauge stayed elevated in September as spending weakened

The Federal Reserve’s preferred measure of inflation slowed a bit in September, likely easing the way to a widely expected interest rate cut by the central bank next week. Read More

The Consumer Sentiment vs. Consumer Spending Puzzle

Wherever consumer sentiment goes, consumer spending usually goes too. They’re like buddies that do everything together. Consumer sentiment wants a hair cut, its buddy consumer spending does too.But ... Read More

Rate Cuts Aren’t Helping Poorer Families. It’s a Bad Sign for Consumer Spending.

The Federal Reserve has cut interest rates by a quarter percentage point twice this year, and investors are hoping that easier policy will help reinvigorate consumer spending. But that might not match ... Read More