Moderate US consumer spending, increasing prices raise specter of stagflation
U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in ...
US consumer spending slows as rising prices spark stagflation fears
Federal Reserve Chair Jerome Powell acknowledged last week that inflation had started to rise "partly in response to tariffs.
Consumer spending lit a fire under the U.S. economy. Now it’s flickering as inflation reignites.
Inflation is headed in the wrong direction and Americans have grown more cautious about how much they spend — not a good omen ...
US treasury yields up amid inflation fears
Though the increases were pared in New York trading after US economic data provided no fresh catalyst for higher yields, the ...
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Moderate spending, rising prices raise U.S. stagflation concerns
WASHINGTON >> U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased ...
Falling stock values are doing 'heavy lifting' for Fed on inflation: BMO
Recent declines in U.S. stocks are likely not large enough to make it onto the Federal Reserve’s radar, and officials probably welcome a modest correction in risk assets, BMO Capital Markets ...
Hopping mad: Wells Fargo weighs in on egg prices
In more good news, the national average wholesale price for eggs has dropped by $3 per dozen, Barron’s reported, citing ...
It's going to be a big week for markets. Here are 3 things for investors to watch.
Markets could see fresh volatility this week amid updates on Trump's tariff plans, the job market, and central bank's outlook ...
Canadian dollar steadies ahead of expected U.S. auto tariffs
The Canadian dollar pulled back from an earlier one-month high against its U.S. counterpart on Wednesday as investors braced ...
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Fed Expected to Cut Rates Twice This Year Despite Inflation Concerns
A new survey of economists by Bloomberg says they expect two Federal Reserve rate cuts to come in September and December this year, but also weaker growth and higher inflation in 2025.
Annual rate of inflation accelerates sharply to 2.6% in February as tax break ends
The annual rate of inflation accelerated sharply to 2.6 per cent in February as the federal government's temporary tax break came to an end mid-month, Statistics Canada said Tuesday.