Tag: inflation
U.S. consumer sentiment slides to 3-year lows as trade war raises...
WASHINGTON (AP) – U.S. consumer sentiment fell slightly in May for the fifth straight month, surprising economists, as Americans increasingly worry that President Donald Trump's...
Inflation cooled in April as grocery and gas prices fell, few...
WASHINGTON (AP) – Inflation cooled for the third straight month in April even after some of President Donald Trump's tariffs took effect, though economists and many...
Federal Reserve official sees signs of slowing economy but not ready...
WASHINGTON (AP) – A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump's tariffs has caused some businesses to...
Federal Reserve leaves key interest rate unchanged
WASHINGTON (AP) – The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower borrowing costs, and...
Federal Reserve likely to defy Trump, keep rates unchanged this week
WASHINGTON (AP) – The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands...
Federal Reserve keeps interest rate unchanged
WASHINGTON (AP) – The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this...
Poll: Cost of housing most important issue facing R.I.
PROVIDENCE – A majority of Rhode Islanders believe there isn't enough affordable housing in their communities, according to results of a new poll commissioned...
U.S. shoppers increased spending tepidly last month as anxiety over the...
WASHINGTON (AP) – U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling that Americans are...
February U.S. wholesale prices unchanged showing inflation easing
WASHINGTON (AP) – U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now. But the progress may not last as...
U.S. consumer spending falls in January most since February 2021
WASHINGTON (AP) – U.S. consumers cut back drastically on spending last month, the most since February 2021, even as inflation declined, though stiff tariffs threatened by...
