U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
What's the disconnect between consumers saying they are worried about the economy but holiday spending was at record highs?
The PCE price index is part of the Commerce Department ... And in December, they ramped up their spending significantly. Consumer spending shot up 0.7% from November, exceeding economists ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
12don MSN
The U.S. economic outlook has become more cloudy, however. Trump has promised to cut taxes and ease regulations on business, ...
China’s consumer inflation accelerated for the first time since August, caused by a burst of household spending around the ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7 per cent in December after ...
Meanwhile, producer deflation is likely to persist unless policymakers can rekindle sluggish domestic demand, analysts say.
The growth in core CPI, which excludes volatile food and energy prices and is deemed a better gauge of the supply-demand ...
CHINA’S consumer inflation accelerated to its fastest in five months in January while producer price deflation persisted, ...
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