Inflation will slow this year, allowing Fed to cut rates further, says former St. Louis Fed chief
Former St. Louis Federal President James Bullard said that inflation will slow markedly this year, allowing the central bank ...
U.S. inflation, consumer spending ticks up to end 2024
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
PCE Report Today: Inflation Sped Up in December, Based on Fed's Favored Gauge
The Federal Reserve's preferred inflation measure showed price rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption expenditures, or ...
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PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual ...
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Consumption vs capex: Has the government prioritised spending over growth?
Budget 2025 provided tax relief for taxpayers, but the government also maintained its fiscal deficit target at 4.4% of GDP.
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Boosting consumption for growth
Dr Nilanjan Banik The Budget deals with allocating money towards areas where the Government thinks it is essential to spend, ...
PCE: U.S. consumer prices rose 2.6% in December
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
Budget 2025 tax cuts could trigger consumption multiplier and lead to 8% GDP growth rate: KV Subramanian, IMF
KV Subramanian, IMF Executive Director, highlights that the finance minister's tax cuts will put Rs 1 lakh crore into the ...