U.S. Consumer Prices Drop 0.1% in December
The Fed will view the first decline in the CPI since March as "further proof that price pressures are building more slowly than some have feared."
Has the TCJA Actually Helped Companies?
The overall financial impact of the Tax Cuts and Jobs Act is difficult to calculate and may be viewed differently by optimists and skeptics.
U.S. Consumer Prices Flat Amid Cheaper Gas
"The inflation picture is still fairly tame, certainly not heating up enough to push the Fed to a more aggressive stance."
Consumer Spending Jumps 0.6% in October
U.S. shoppers are benefiting from moderate inflationary pressures, while incomes increased 0.5% last month.
Producer Price Index Rises 0.6% in October
Wholesale prices were up 2.9% year-to-year but other inflation measures appear to have leveled off around the Fed's 2% target.
U.S. GDP Continues Hot Streak
The trade war was a drag on the U.S. economy last quarter, but tariffs may have boosted stockpiling of inventories.
Consumer Spending Growth Slows to 0.3%
Economists had expected a slowdown in August after five straight strong gains but consumer confidence remains high.
U.S. Consumer Spending Rises 0.4% in July
Spending has now risen by 0.4% or more for five straight months but "the downside to the economy’s upside is steadily increasing inflation.”
Fed Chair Defends Policy of Gradual Rate Hikes
The current monetary policy addresses both the risk of a slowdown in economic growth and the risk of the economy overheating, Jerome Powell says.
Core Inflation Posts Annual Gain of 2.4% in July
The increase was the largest since September 2008 but economists see core inflation easing by the end of the year.
Fed Stays on Track for Gradual Rate Hikes
The central bank didn't raise rates on Wednesday but reiterated that "further gradual increases" would be consistent with economic conditions.