Stock market today: Nasdaq heads for worst week since 2023 as stocks lose steam
Investors are waiting for the release of the Federal Reserve's preferred inflation gauge as they eye Trump’s latest trade ...
Honolulu Star-Advertiser52m
U.S. consumer spending posts first drop in almost two years
WASHINGTON >> U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, ...
Why Friday’s PCE inflation report presents a ‘conundrum’ for the Fed
The latest inflation and spending data from Friday’s personal consumption expenditures report point to “a worrisome monetary policy conundrum” for the Federal Reserve, according to Olu Sonola, the ...
Berkshire Eagle1h
Slowing economy adds another worry to the market mix
The risk-off mood has seeped into most other areas of the market. Gold and precious metals as well as bitcoin and other ...
Wall Street gains slight momentum as Inflation data meets expectations
U.S. stocks climbed on Friday after the latest inflation report aligned with forecasts, offering some relief to investors at ...
The Fed’s preferred inflation gauge cooled last month, but consumer spending sank
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag ...
Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
Bitcoin price bounces 5% as analyst sees crypto slump end in March
The January print of the Personal Consumption Expenditures (PCE) index, known to be the Federal Reserve’s “preferred” ...
January PCE inflation rose 0.3% for annual rate of 2.5%, meeting Dow Jones expectations
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
Jump in inflation expectations bad news for Trump, the Fed, and all Americans
The survey director noted that long-range inflation expectations have increased quickly, calling it an “unusually large ...
How U.S. 'mini-stagflation' and the yen could shock financial markets
With economic growth slowing in the U.S. and U.K, both countries are thus vulnerable to what Joshi calls "mini-stagflation". Growth may be meager in the EU and Japan too, but there is a relatively ...
Treasury yields stay in tight range after PCE data meets expectations
Data released on Friday showed that inflation based on the personal consumption expenditures price index increased 0.3% on a monthly basis for January, matching the median estimate of economists ...