U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
Read More US inflation rises moderately, consumer spending cools
Tag: personal consumption expenditures
Wall Street mixed as investors weigh GDP data after tech mauling
Data showed the U.S. economy expanded 2.8% in the second quarter versus estimates of 2%, but inflation subsided, leaving intact expectations of a September rate cut.
Read More Wall Street mixed as investors weigh GDP data after tech mauling
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Read More US inflation ebbs in May as goods prices fall
Inflation rises moderately in April, consumer spending slows
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
Read More Inflation rises moderately in April, consumer spending slows
US monthly inflation slows; consumer spending surges
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 surges
US 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 accelerate