The latest reading on inflation shows an overall easing in the pace of price increases. The data released Wednesday (June 11) from the Bureau of...
The head of America’s largest bank has a gloomy forecast for the U.S. economy. “I think there’s a real chance numbers will deteriorate soon,” J.P....
Citigroup is reportedly preparing for a possible decline in consumer financial health by putting aside more provisions for potential losses on loans. “Given the macro environment,...
The news that consumers expect to see a slowdown in inflation is, arguably, optimistic. As PYMNTS reported Monday (June 9), the Federal Reserve Bank of...
Consumers’ expectations about the direction of inflation broadly improved in May. Among all demographics and across the three time periods about which they were surveyed,...
Will this be a long, hot summer for the U.S. economy? As The Wall Street Journal (WSJ) reported Sunday (June 8), while job growth held...
American consumers likely saw somewhat faster inflation last month, especially for merchandise. That’s according to a report Sunday (June 8) by Bloomberg News, citing a...
The U.S. economy remains solid, but tariff-driven uncertainty is complicating the Federal Reserve’s efforts to balance price stability and maximum employment, Federal Reserve Governor Lisa...