Stock futures have taken Friday's PCE data in stride so far, but an unexpectedly sharp decline in consumer spending could reinforce concerns about the U.S. economy that have shaken stocks over the ...
we could see Fed easing by mid-year (especially if the PCE inflation figures continue to edge lower). But if the January PCE figures are a one-off and consumers continue to spend (and if the trend ...
U.S. stock futures edged up and the dollar stayed close to two-week highs on Friday, after U.S. inflation data came in line ...
Treasury yields fell, resuming their downward trend after a quick rally following unsurprising January PCE inflation index.
Personal income jumped by 0.9 percent in January, while personal consumption expenditures fell by 0.2 percent. Click to read.
The stock market is back up—but barely. The S&P 500 was up 0.1%, while the Dow was up 58 points, or 0.1%. The Nasdaq Composite was up less than 0.1%. The market has been trading sideways all day.
Should investors be concerned that weaker spending numbers for January presage a significant slowdown in the economy?
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