U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.
Read More US monthly inflation slows; consumer spending surgesTag: Consumer spending
US fourth-quarter growth revised higher; labor market still strong
The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.
Read More US fourth-quarter growth revised higher; labor market still strongUS retail sales miss expectations; producer prices accelerate
Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Read More US retail sales miss expectations; producer prices accelerateToyota agrees to biggest wage hike in 25 years, paves way for BOJ shift
Toyota Motor agreed to give factory workers their biggest pay increase in 25 years.
Read More Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shiftUS retail sales tumble in January; weekly jobless claims fall
Economists cautioned the decline may be due to winter storms and technical factors.
Read More US retail sales tumble in January; weekly jobless claims fallUS inflation trending lower; consumer spending strong in December
U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month.
Read More US inflation trending lower; consumer spending strong in December