The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.

The headline index was up 2.3% year-over-year, as expected.

Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...

The high-powered gathering at the European Central Bank’s annual retreat in Portugal will be the first time that its ...

The US Federal Reserve’s (Fed) preferred inflation measure logged a mild uptick on Friday while spending weakened, triggering ...

Urban consumption is being supported by increased leisure and business travel, as seen in the rise of air passenger traffic ...

But what would make the 2026 cost-of-living adjustment special is that it would mark the fifth consecutive year of at least a ...

Fed Chair Jerome Powell defends the interest rate pause amid concerns about tariff-driven inflation. Here’s what this means ...

The US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering another tirade by President Donald Trump against the central bank chair for not ...

By Lucinda Jerogin, Associate Economist at CBA Australian CPI inflation surprised to the downside at 2.1%/yr in May 2025. The ...

Vanguard, the investment firm, predicts the U.S. stock market as a whole will rise by an underwhelming 3.8% to 5.8% a year ...

The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...