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Fed’s Preferred Inflation Gauge Slowed in March
Inflation slowed down in March, going by the Federal Reserve's preferred gauge, showing that price pressures were easing before President Trump's steep new tariffs landed earlier this month. The personal-consumption-expenditures price index rose by 2.
U.S. consumer spending increased solidly in March as households boosted purchases of motor vehicles to avoid higher prices ...
A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two ...
2hon MSN
U.S. stocks are falling following a report suggesting the U.S. economy may have shrunk at the start of the year.
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
The latest data shows the annual inflation rate for March was 2.4%, a drop from 2.8% in February. This is also the lowest level since last October. The consumer price index (CPI) is a measure that ...
Yet the president has slapped 25% duties on steel and aluminum, as well as cars, and a 10% tariff on nearly all other imports ...
Consumer spending leapt 0.7% from February, according to a Commerce Department report released Wednesday that showed ...
The Fed’s rate-setting Federal Open Market Committee will meet May 6-7. Trump has repeatedly demanded the central bank lower ...
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