Personal Consumption Expenditures

Whatever happened to that recession? Consumer confidence is soaring as the Fed prepares to hike its interest rate again.

Fed set to hike rate again as consumer confidence in economy hits 2-year high

Despite all of the economic tightening by the Federal Reserve to bring down inflation, the opposite happened in January.

Off to a rough start: Inflation climbs in early 2023 in Fed’s preferred gauge

January's jobs report "defied all the expectations of a potential recession," ZipRecruiter lead economist Sinem Buber said.

Stunning jobs report paves way for Fed’s soft landing, rebuffs recession talk

Minutes from the Fed's latest meeting show officials worried the market could undermine the Fed's efforts to bring down prices.

Fed shows resolve in interest rate hikes but market still sees pivot in 2023

The Fed hiked its benchmark interest rate by 50 basis points Wednesday, marking the seventh hike of the year in its efforts to battle inflation.

Fed moderates December interest rate hike but signals it’s still climbing

Consumer prices in October rose 7.7% from a year ago, the lowest annual gain since January 2022. That's below analyst expectations of 7.9%.

Inflation eased more than expected, consumer prices increase 7.7% on year

Inflation is synonymous with the consumer price index. But there's more than one way to measure inflation, and CPI is not the Fed's favorite.

Why the Fed’s favorite inflation gauge is much lower than better known CPI