Inflation has been one of the top concerns for the US economy in 2024. And it looks like fears over sticky prices will ...
US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s ...
Consumer spending, which accounts for more than two-thirds of US economic activity, rose last month after a downwardly ...
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
This year most global central banks commenced the long-awaited descent after a slew of rate hikes in 2022 and 2023. But they ...
The Fed has made progress tackling inflation through interest rate hikes in the last two years without dealing a knockout ...
The S&P 500 was 1.9% lower and the Nasdaq fell 2.5% ... average mortgage rate for a 30-year fixed loan was 6.6% last week, according to Freddie Mac. The Federal Reserve is banking on ...