Americans ramped up their spending in August; however, their costs of living were on the rise as food and other goods became ...
Economists had expected a slight increase in inflation, but consumer spending came in a little stronger than forecast.
Tampa Free Press on MSN
Inflation Gauge Rises Slightly In August, But Core Inflation Holds Steady
The Federal Reserve’s preferred inflation metric, the Personal Consumption Expenditures (PCE) Price Index, saw a modest ...
Core inflation stayed about the same in August, the Federal Reserve said, and personal consumption expenditures had a 0.3% ...
Inflation picked up in line with economists’ expectations in August, leaving an opening for a possible interest rate cut in ...
Core PCE rose 2.9% on an annual basis in August, slightly higher than the prior month and in line with economists' expectations.
Investors digested Trump's new tariff salvo and the latest reading of the Fed's preferred inflation gauge, which showed ...
Personal income, which rose $95.7B in August was overtaken by consumer spending, which jumped $129.2B, pushing the saving rate to 4.6% amid steady inflation and higher wages.
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