You Searched For "personal consumption expenditures" and got 20 results
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3 mins read
Americans are probably getting another interest rate cut this week — just days after the election
It's likely that the Federal Reserve will cut interest rates by a quarter point on Thursday, closin…
Ayelet Sheffey,Madison Hoff
2 mins read
US economic growth came in slightly under expectations but consumer spending remains strong
While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …
Madison Hoff
2 mins read
The Fed is likely to disappoint markets with just one more rate cut this year amid global inflation, BlackRock CEO says
BlackRock CEO Larry Fink said the Fed will cut rates just once more this year amid sticky inflation…
Kelly Cloonan
4 mins read
This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy
Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…
Theron Mohamed
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…
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
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
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
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
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 …
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
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
Inflation rises sharply in October, prompting more fears of a price-growth crisis
The Personal Consumption Expenditures price index gained 0.6% in October, missing economists' forec…
Ben Winck,Madison Hoff
2 mins read
Inflation looked less transitory in September as the global supply chain crisis pushed prices higher
The Personal Consumption Expenditures price index rose 0.3% in September, matching economists' aver…
Ben Winck,Andy Kiersz
2 mins read
Inflation held steady in August, countering fears of runaway price surges
The Personal Consumption Expenditures price index gained 0.4% in August, matching the median foreca…