In February, consumer spending ... This rebound in spending, which constitutes more than two-thirds of economic activity, was largely driven by higher prices. However, inflation continues to ...

American consumers expect prices to rise by 6.7% over the next year, according to a closely watched survey of consumer ...

“Consumers will likely become even more cautious and tighten their purse strings further if inflation continues to rise.” Price pressures increased in February and consumer spending inched up ...

Inflation remains above the Federal Reserve’s 2% target, making it difficult for the central bank to cut its key interest rate anytime soon. Consumer spending picked up 0.4% in February from the ...

Inflation remains above the Federal Reserve's 2% target, making it difficult for the central bank to cut its key interest rate anytime soon. The report also showed that consumer spending rebounded ...

Inflation remains above the Federal Reserve's 2% target, making it difficult for the central bank to cut its key interest rate anytime soon. The report also showed that consumer spending rebounded ...