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Inflation is easing, but another alarm bell is ringing about the US economy
Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
US inflation has increased since Trump took office – why prices are unlikely to come down soon
Realistically, Trump was never going to bring down prices for US consumers. To do that would be deflationary, and economists ...
Here’s where the Fed’s preferred inflation reading landed in January
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.