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The latest Personal Consumption Expenditures index, or PCE, will be released Friday. Experts say there are other clues the Fed is looking for, too.
The fluorescent lit aisles of big box stores don’t scream luxury. But for certain items, consumers just don’t care.
The move, which would see Ben & Jerry’s moved to a stand-alone unit, is part of a corporate restructuring.
There has been a wave of migration to the U.S. — legal and not — since 2022. Many who entered are finding and keeping jobs.
The Labor Department reported that the price of imported goods rose 0.3% in February compared to 0.8% the month before.
Chile has approved a law saying that businesses need to cut their employees’ hours from 45 hours to 40 hours a week to help give everyone a better work-life balance.
Most of the time deflation is a signal of a struggling economy. Disinflation — when prices still increase, just more slowly — is the goal.
It’s been harder for lower- and middle-income households to afford higher food, rent and gas prices without getting into debt.
Fed Chairman Powell told a congressional committee not to expect a victory lap when and if the Fed decides it has finally beaten inflation.
The January PCE report showed inflation easing further but still significant. Moderation in spending could also continue, analysts say.