Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...

Economists polled by Reuters had forecast consumer spending would rise 0.5% after a previously reported 0.4% increase in ...

The Fed’s rate-setting Federal Open Market Committee will meet May 6-7. Trump has repeatedly demanded the central bank lower ...

The Fed's preferred inflation gauge showed price growth slowed in March, as the personal consumption expenditures (PCE) index ...

Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged lower to 2.3 ...

The US PCE inflation data has come in at 2.3% year on year, in line with expectations, suggesting that the Fed will keep ...

The core PCE price index is expected to tick up 0.1% M/M in March, or 2.6% on a Y/Y basis. That indicates that the underlying ...

Tariffs hadn't raised the cost of living as of March, according to Wednesday's report on the Federal Reserve's preferred ...

PCE inflation data from March, released on Wednesday, indicates that price pressures and economic activity remained resilient ...

Crude oil was down 4% Sunday night, as OPEC once again announced a production increase, a move by OPEC that will eventually ...

US GDP CONTRACTS IN FIRST QUARTER OF 2025. The hawkish policy of the Fed may not have caused a hard landing, but reciprocal ...

The Federal Reserve's preferred inflation gauge remained elevated last month, following a weaker-than-expected first-quarter ...