Tariff threats and uncertainty could weigh on consumers, drag down US economy, government report suggests
Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part ...
Inflation big picture: The Fed’s 2% target ‘is not in sight yet’
The Federal Reserve won’t cut interest rates again until it's convinced the rate of inflation has resumed slowing. Even a decline in the yearly inflation rate in January is not enough to persuade them ...
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Trump's trade war has rattled investors - uncertainty is a call to action
Just over a month into President Donald Trump's presidency, his geopolitical gambits have unleashed a wave of commentary about the known unknowns, particularly the effects of his trade war on ...
US inflation has increased since Trump took office – why prices are unlikely to come down soon
Realistically, Trump was never going to bring down prices for US consumers. To do that would be deflationary, and economists ...
Here’s where the Fed’s preferred inflation reading landed in January
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
‘CD rates will likely keep dipping.’ You can still snag CDs paying 4-5%, but for how much longer?
While the Federal Reserve slashed rates three times in 2024, they’ve kept rates steady so far this year — and some CDs are ...
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Why these community banks are betting on niche businesses
Concentrating in narrow specialties can attract both relatively low-cost deposits and low-risk loans in an era of high ...
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U.S. consumer spending posts first drop in almost two years
WASHINGTON >> U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, ...