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The headline index was up 2.3% year-over-year, as expected.
In the 12 months through May, PCE inflation increased 2.3% after climbing 2.2% in April. Stripping out the volatile food and ...
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...
The U.S. added 147,000 jobs and the unemployment rate held steady at 4.1 percent in June, according to data released Thursday ...
WASHINGTON, June 27 (Reuters) - U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of ...
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s tariffs.
Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and ...
The personal-consumption-expenditures price index rose by 2.3% in the 12 months through March, the Commerce Department said Wednesday, the coolest reading since last fall. Excluding highly ...
One of the key indicators showed a slight acceleration in prices last month. But nothing is definitive yet. Expectations are ...
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
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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 ...
The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.
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