Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
Consumer spending was expected to drop off in January: There’s typically a post-holiday expenditure hangover to start the year; plus, last month’s retail sales data came in far below forecasts.
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four ...
Wages and salaries rose only 0.4% though, with the strength coming from a 1.8% increase in government social benefits, a 1.7% ...
CNBC’s Rick Santelli joins ‘Squawk Box’ to break down January's PCE inflation data. Donald Trump Renews Barack Obama's ...