The Fed’s preferred inflation gauge, the core personal consumption expenditures price index increased 5.4% from a year ago, the largest…
Tag: gas prices
U.S. retail sales come up short in February as inflation hits Americans
U.S. retail sales rose just 0.3% in February, below the 0.4% estimate as inflation negatively impacted American consumer spending…
Apple’s iPhone helped boost retail sales, but only a touch
No, the iPhone didn’t save the day for the U.S. economy…