You Searched For "Personal Consumption Expenditures" and got 20 results
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2 mins read
At Rs 2 lakh per year, Indians are among the top spenders on clothing globally: Study
Things like rapid urbanisation, westernisation, our increasing disposable incomes and a growing you…
3 mins read
Interest rate cuts probably aren't here just yet, but they could finally reach Americans in under 2 months
The Federal Reserve isn't expected to cut interest rates in July, but relief could come in Septembe…
Ayelet Sheffey,Madison Hoff
2 mins read
The US economy grew way faster than expected this spring
US real GDP blew past expectations in this year's second quarter. It rose 2.8% compared with a fore…
Madison Hoff
2 mins read
The Fed is only going to cut rates once in 2024 as shelter inflation is too high and the job market is hot, Vanguard says
The Fed is most likely cutting rates once in September, Vanguard predicted. Markets are still antic…
Jennifer Sor
4 mins read
India’s corporates in ‘wait and watch’ mode as consumption loans zoom
Large corporates are still not driving India’s credit growth as private capital expenditure is yet …
2 mins read
Americans are spending more on travel and live entertainment. But their personal saving rate has taken a dip.
In 2023, consumer spending on international trips and live entertainment rose by nearly 30 percent,…
John L. Dorman
7 mins read
America is on the brink of an unemployment fiasco
The number of unemployed Americans keeps rising. To keep the US job market from getting worse, the …
Neil Dutta
2 mins read
3 signs the US economy is nearing a recession have flashed in the last week, SocGen says
Economic growth expectations have "crashed," according to SocGen.
Jennifer Sor
4 mins read
It finally looks like the US economy is sticking its soft landing
A soft landing is here or in sight, depending on who you ask, based on inflation data, jobs data, a…
Madison Hoff
3 mins read
It's starting to look like inflation has finally peaked
Food and gas prices are still painfully high. But this could be the worst of pandemic-era inflation.
Ben Winck
2 mins read
Americans' spending slowed more than expected in February as inflation surged even higher
Personal consumption expenditures — a popular measure of consumer spending — rose 0.2% in February,…
Ben Winck
1 min read
Investors can buy gold to diversify risk: Quantum AMC
Gold prices ended the last month 0.7 per cent lower, supported by a depreciating rupee and festive …
6 mins read
We've entered a world of zombie inflation. Wall Street is scared witless.
The sudden resurgence of inflation has caused some more alarmist analysts to suggest that the US ec…
Neil Dutta
3 mins read
Even if inflation cools off, these goods and services probably won't get cheaper
Cooling price growth for essentials like food, rent, and gas will be key to avoiding an inflation c…
Ben Winck,Madison Hoff
8 mins read
Wall Street big shots may be forced to cancel their summer vacations
Forget the Hamptons and put down the rosé: stubborn inflation and stock market volatility are makin…
Linette Lopez
4 mins read
The job market is starting to show cracks. Hiring fell short of expectations for the first time in 6 months.
The unemployment rate increased from 3.8% in March to 3.9% in April. The US also added 175,000 jobs…
Madison Hoff
3 mins read
Sorry, America, it's looking like higher interest rates are going to stick around longer
Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts i…
Ayelet Sheffey,Madison Hoff
3 mins read
2 experts outline a looming scenario where the US economy could end up caught in a dreaded period of stagflation
A first-quarter GDP slowdown, paired with hotter inflation, is a sign of trouble for the Fed. Some …
Filip De Mott
3 mins read
The US economy may be barrelling towards stagflation, an outcome worse than recession
As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s…
Filip De Mott
2 mins read
The US economy started the year much slower than expected
The US economy began 2024 with cooler growth than the forecast. In the first quarter of this year, …