Consumer Spending Data Provides Further Signs of Cooling Inflation
In the wake of the Federal Reserve ending its short-lived “pause” on rate hikes, the latest personal consumption expenditure (PCE) ...
Tag: Economy
Fed Provides Little Clarity After Raising Rates to 22-Year High
An unsurprising 25-basis-point rate hike announced by the Federal Reserve today–something that real estate economists urged against–is placing the housing ...
Consumer Confidence Continues to Grow in July
Consumer confidence increased again, from 109.7 in June to 117 in July, according to the latest data from The Conference ...
Slowing Job Growth Muddles Rate Debate
A labor market that for months seemingly shrugged off the Federal Reserve’s heavy hand finally appears to be slowing, as ...
Some Fed Officials Were Willing to Raise Rates in June
While the Federal Reserve delivered a reprieve from its interest rate hike campaign last month, the decision didn’t come lightly, ...
Consumer Spending Sees Slight Increase in May
The latest personal consumption expenditure (PCE) index—the Fed's preferred inflation measurement—shows personal spending grew by 0.1% in May, marking the ...
Consumer Confidence Rises to Highest Level Since January 2022
Consumer confidence rose to 109.7 in June, up from 102.5 in May—the highest recorded reading since January 2022, according to ...
Inflation Dips to New Low Ahead of Key Fed Decision
The latest Consumer Price Index (CPI) released this morning showed inflation hitting its lowest level in over two years at ...
Lawmakers Greenlight Critical Debt-Ceiling Deal, Averting Default
Lawmakers approved legislation that would suspend the federal government's $31.4 trillion debt ceiling mere days before the default deadline. The ...
Fed Divided, Awaiting Data Before Rate-Hike Decision
The choices of the Federal Reserve over the last year or two—and particularly in the last month—have been deeply scrutinized. ...
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