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Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
Britain’s statistics agency said it overstated the official inflation rate due to a mistake in numbers it was given on ...
The Personal Consumption Expenditures Price Index grew at an annualized rate of 1.2% in April, marking the second consecutive ...
April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of ...
Inflation fell two-tenths of a percentage point to 2.1% for the year ending in April, the Bureau of Labor Statistics reported ...
The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended ...
The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...
The federal government is scaling back data collection used to calculate the inflation rate because of staff shortages.
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
Don't pop open the bubbly yet. The PCE index released Friday shows inflation easing to 2.1% annually in April, its lowest ...
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