US retail sales dip in October after months of gains US retail sales fell in October, though by less than expected, after months of strong gains, pointing to slowing demand that could further strengthen expectations … Business • 15 Nov
US consumer inflation cools to 3.2% in October US consumer inflation cooled more than expected last month, according to government data published today, providing some welcome news for policymakers looking to control price … Business • 14 Nov
US Fed could hike rates again if 'appropriate' - Powell The US Federal Reserve is prepared, if needed, to increase interest rates further in order to bring inflation down to its long-term 2% target, Fed … Business • 10 Nov
US inflation is 'still too high', says Fed Chair Powell US inflation is "still too high" despite a recent slowdown, Federal Reserve Chair Jerome Powell said yesterday, leaving the door open for a new interest … Business • 20 Oct
US consumer inflation holds steady in September Consumer inflation held steady in the US last month, according to government data released today, giving policymakers some reprieve in their battle to tamp down … Business • 12 Oct
US consumer inflation ticks up in August on fuel prices Consumer inflation in the US picked up in August for a second month in a row, according to government data released today, putting the heat … Business • 13 Sep
US annual inflation slows, consumer spending solid US annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest interest rate hiking cycle since the 1980s. Business • 28 Jul
US retail sales weaker than expected in June Retail sales in the US came in weaker than expected in June, the government said today, with consumption remaining sluggish while inflation eases. Business • 18 Jul
US consumer prices rise modestly in June US consumer prices rose modestly in June and registered their smallest annual increase in more than two years as inflation continued to subside, but probably … Business • 12 Jul
US consumer prices increase solidly in April US consumer prices increased in April on higher fuel costs and rents, while underlying inflation remained strong as used motor vehicle prices rebounded, potentially ensuring … Business • 10 May
US consumer spending flat in March US consumer spending was unchanged in March, while underlying inflation pressures remained strong, which could see the Federal Reserve raising interest rates again next month. Business • 28 Apr
US consumer prices rise moderately in March US consumer prices barely rose in March as the cost of gasoline declined, but stubbornly high rents kept underlying inflation pressures simmering, likely ensuring that … Business • 12 Apr
US consumer spending slows in February, inflation cools US consumer spending rose moderately in February and while inflation showed signs of cooling it remained elevated, which could see the Federal Reserve raising interest … Business • 31 Mar
US inflation rate eases to 6% in February US consumer prices increased in February amid sticky rental housing costs, but economists are divided on whether rising inflation will be enough to push the … Business • 14 Mar
US inflation increases more than expected in September US consumer prices increased more than expected in September and underlying inflation pressures continued to build up, reinforcing expectations that the Federal Reserve will deliver … Business • 13 Oct 22
Euro at 3-week high amid ECB interest rate signals The euro jumped to a more than three-week peak to the dollar today, and sterling rose to the highest this month as European Central Bank … Business • 12 Sep 22
US annual inflation eases to 8.5% as fuel prices fall US annual inflation eased slightly in July as fuel prices fell, but remained stubbornly high at 8.5%, according to official data today. Business • 10 Aug 22
Fed flags risk US inflation could become entrenched US central bankers last month flagged the concern that sky-high inflation could become a permanent fixture, and stressed their readiness to continue raising interest rates … Business • 07 Jul 22
US consumer spending beats forecasts as inflation soars US consumer spending increased more than expected in March amid strong demand for services, while monthly inflation saw the biggest increase since 2005. Business • 29 Apr 22
US consumer spending slows sharply in February US consumer spending slowed significantly in February, while price pressures continued to mount, with inflation posting its largest annual gain since the early 1980s. Business • 31 Mar 22
US inflation sees biggest increase in 40 years US consumer prices surged in February, culminating in the largest annual increase in 40 years, new figures show today. Business • 10 Mar 22
US consumer prices post largest annual gain in 40 years US consumer prices rose in January, leading to the biggest annual increase in inflation in 40 years, which could fuel financial markets speculation for a … Business • 10 Feb 22
US consumer spending falls in December; inflation up US consumer spending fell in December, suggesting the economy lost speed heading into the new year amid snarled supply chains and raging Covid-19 infections. Business • 28 Jan 22
Fed sees rate hikes 'sooner' as inflation spikes US Federal Reserve officials last month were concerned about the Omicron impact, but believed the US economy had recovered enough from the pandemic downturn that … Business • 06 Jan 22
Price hikes and shortages don't stop US shoppers Retail sales remained brisk at American businesses last month, despite shortages of some goods and a wave of inflation that has pushed prices higher, government … Business • 16 Nov 21