Don’t celebrate just yet. Two key factoids in that article are 1) consumer spending “constitutes roughly 70%” of the ...
Key insight: Americans earned more and spent even more in August, pushing the savings rate down. Supporting data: Income rose, spending jumped and the PCE price index increased month-over-month.
The Federal Reserve last week began cutting rates over fears the labor market has softened sharply, but this week’s economic data could provide an antidote in the form of a strong reading on gross ...
Consumer price growth rose in August, the Bureau of Labor Statistics reported Thursday. It's the latest indication that the U.S. economy continues to contend with inflation even as the job market ...
This study examined the relationship between the Monetary Policy Rate (MPR) and inflation across five continents from 2014 to 2023 using both Frequentist and Bayesian Linear Mixed Models (LMM). It ...
WASHINGTON – President Donald Trump’s tariff policy, immigration crackdowns and sweeping tax and spending law are expected to increase jobless rates and inflation and lower overall growth this year ...
The U.S. economy could be on the upswing even if tariffs and stubborn inflation continue to weigh on growth, according to a new analysis. The National Association for Business Economics (NABE) said ...
Inflation is on Federal Reserve Chair Jerome Powell's radar, but isn't the central bank's biggest concern right now. The slowdown in job creation since January suggests the economy is not running as ...
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