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The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...
The headline index was up 2.3% year-over-year, as expected.
Personal consumption expenditures is a measure of consumer spending. PCE is constructed and reported by the Bureau of Economic Analysis, along with personal income and the PCE Price Index, in the ...
Billionaire Elon Musk on Saturday criticized the latest version of President Donald Trump's tax and spending bill released by ...
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Daily Voice on MSNInflation Ticks Up, Spending Slips As Trump's Tariffs Tighten Grip On EconomyConsumer spending cooled in May as inflation crept higher, signaling new pressure on Americans' wallets amid President Donald ...
Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and ...
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s tariffs.
Bloomberg on MSN3d
US Consumer Spending Falls in May by Most This YearUS consumer spending declined in May by the most since the start of the year as personal consumption expenditures fell 0.3% after adjusting for inflation. The Federal Reserve's preferred inflation ...
The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.
Tariff-related uncertainty is clouding the Federal Reserve's path forward, even as today's inflation data gives mixed signals ...
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