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I expect consumer spending to be weak, but not negative, over the next 12 months. And it is not just lower-income Americans ...
The stock market enters June on strong footing, but with some caveats, and with Tesla's robotaxi set for launch.
Figure 1 shows the contributions to annualized monthly changes in PCE inflation for headline PCE inflation, and Figure 2 shows the same for core PCE inflation. The bars for each month reflect the ...
In May, the US Consumer Spending Index experienced a slight increase, raising questions about future inflation trends.
President Donald Trump achieved an economic victory after a prominent inflation reading dropped to its lowest reading in four ...
Action on U.S. tariff policies and a potentially seismic shift in secondary market activity hasn’t caused much movement for ...
Job-market troubles, weak domestic demand to take back seat in Wednesday’s interest rate decision, economists predict.
Core PCE printed cool at .1% and declined to 2.5% year over year. We continue to forecast that we are entering into StagDeflation as the key endogenous variables that predict inflation are growth in ...