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U.S. Bureau of Economic Analysis Reports Slight Decrease in Personal Income for April 2026

U.S. Bureau of Economic Analysis Reports Slight Decrease in Personal Income for April 2026

U.S. Bureau of Economic Analysis Reports Slight Decrease in Personal Income for April 2026
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Federal Reserve Faces Dilemma as U.S. Economy Slows and Inflation Persists

Federal Reserve Faces Dilemma as U.S. Economy Slows and Inflation Persists

Federal Reserve Faces Dilemma as U.S. Economy Slows and Inflation Persists
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Fed's Musalem says rate hike may be needed if inflation doesn't ease

Fed's Musalem says rate hike may be needed if inflation doesn't ease

By Ann Saphir May 28 (Reuters) - St.
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Key inflation gauge worsens as Americans' income and spending power erodes

Key inflation gauge worsens as Americans' income and spending power erodes

A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances
Reuters Reuters
Fed's Jefferson says monetary policy is 'well positioned' amid inflation risks

Fed's Jefferson says monetary policy is 'well positioned' amid inflation risks

By Michael S. Derby May 27 (Reuters) - Federal Reserve Vice Chair Philip Jefferson said on Wednesday that the current setting of monetary policy is in the right place amid ongoing upside risks to the inflation outlook.
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U.S. Personal Savings Rate Drops to Lowest Level Since 2022 Amid Rising Inflation

U.S. Personal Savings Rate Drops to Lowest Level Since 2022 Amid Rising Inflation

U.S. Personal Savings Rate Drops to Lowest Level Since 2022 Amid Rising Inflation
Reuters Reuters
Fed's Cook says she is prepared to raise rates if inflation doesn't ease

Fed's Cook says she is prepared to raise rates if inflation doesn't ease

By Ann Saphir May 27 (Reuters) - Federal Reserve Governor Lisa Cook on Wednesday said she feels the U.S. central bank should hold short-term interest rates steady for now but, with tariffs, the Iran war and a surge in AI-related investment pushing prices higher, she is prepared to hike rates if
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Federal Reserve Vice Chair Jefferson Focuses on Inflation Amid Resilient U.S. Labor Market

Federal Reserve Vice Chair Jefferson Focuses on Inflation Amid Resilient U.S. Labor Market

Federal Reserve Vice Chair Jefferson Focuses on Inflation Amid Resilient U.S. Labor Market
Reuters Reuters
Inflation rises but isn't hotter than expected while GDP slips

Inflation rises but isn't hotter than expected while GDP slips

NEW YORK, May 28 (Reuters) - Estimated U.S. economic growth for the first quarter was revised lower on Thursday and a closely watched measure of price pressures came in largely in line with expectations. U.S. markets opened slightly lower.
Reuters Reuters
US first-quarter GDP growth revised lower to 1.6% pace

US first-quarter GDP growth revised lower to 1.6% pace

WASHINGTON, May 28 (Reuters) - U.S. economic growth was not a strong as initially thought in the first quarter, and momentum is set to slow this quarter, with the war with Iran stoking inflation and squeezing households finances.
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U.S. Consumer Confidence Declines Amid Rising Inflation and Recession Concerns

U.S. Consumer Confidence Declines Amid Rising Inflation and Recession Concerns

U.S. Consumer Confidence Declines Amid Rising Inflation and Recession Concerns
AP News AP News
As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows

As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows

U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices that have neared record levels