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Consumer Spending Comes In Strong as Inflation Data Point to Rate Cut
Inflation ticked up slightly in July, but that didn’t stop shoppers from opening their wallets. Consumer spending grew by 0.3% last month, the Bureau of Economic Analysis reported Friday, the ... Read More
Fed's favored inflation gauge shows consumer price pressures remained elevated in July
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in July, as the central bank mulls an interest rate cut at its meeting next month. The Commerce ... Read More
Donald Trump says grocery, energy prices are down. It’s a mixed bag for consumers so far.
Donald Trump says grocery, energy prices are down. It’s a mixed bag for consumers so far. The prices of some food items, such as eggs, bread and fruit, have declined on President Donald Trump’s watch, ... Read More
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