Tag: unemployment rate
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US consumer spending picks up; inflation rises moderately in July
WASHINGTON (Reuters) - U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing...
US consumer spending picks up; inflation rises moderately in July
WASHINGTON (Reuters) - U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing...
The Fed Just Flagged Its First Interest Rate Cut Since March 2020. It Might be Bad News for Stocks.
"The time has come for policy to adjust." Those were the words of Federal Reserve Chairman Jerome Powell on Friday at the annual Jackson...