Trump Victory Could Threaten U.S. Debt Rating
Fitch Ratings warns that Trump's proposed tax cuts alone would not generate enough economic growth to offset the loss in revenue.
Wage Gains Add to U.S. Labor Market Strength
Average hourly earnings increased at an annual pace of 2.8% in October — the fastest since the Great Recession officially ended in June 2009.
Food, Gas Keep Producer Prices Unchanged
While there may be some firming in core pipeline pressures, "the headwinds from energy and food prices remain in place," an economist says.
Producer Prices Drop for 1st Time Since March
The 0.4% decline suggests inflationary pressures remain muted, possibly dampening prospects for an interest rate hike next month.
Consumer Spending Keeps Up Solid Growth
With a 0.4% gain in June, personal consumption has showed strong increases for three straight months and again outpaced personal income growth.
U.S. Consumer Prices Increase 0.2% in June
It was the fourth straight monthly gain but food prices dropped 0.3% and inflation remains low by historical standards.
Yellen Suggests No Rate Hike in ‘Coming Months’
The Fed chair says signs of a weakening jobs growth are "concerning" but she is still optimistic about the labor market and inflation.
U.S. Producer Prices Edge Up 0.2% in April
The increase was less than economists expected but may be a sign that the deflationary effect of the oil price rout is easing.
U.S. Consumers Expect 2.6% Rise in Inflation
A New York Fed survey finds consumers' inflation expectations for the next three years are at their highest level in five months.
U.S. Consumers Expect 2.7% Rise in Inflation
The findings of a New York Fed survey reflect expectations of a sharp rebound in gasoline prices over the next year.
Consumer Spending Increases 0.5% in January
The gain in personal spending is the largest since May and, along with other recent data, suggests the U.S. economy is holding steady in early 2016.