The slowdown is good news for policymakers worried about inflation, but a sign that the engine of the economy could be losing steam.
Category: Consumer Behavior
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Inflation Has Eased, but Economists Are Still Worried
Inflation has come down from its 2022 heights, but economists are worried about its stubbornness.
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Inflation Has Eased, but Economists Are Still Worried
Inflation has come down from its 2022 heights, but economists are worried about its stubbornness.
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Maker of Instant Pot and Pyrex, Instant Brands, Files for Bankruptcy
Since sales surged during the pandemic, Instant Brands has struggled to find new fans for its beloved Instant Pot and other products.
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U.S. Inflation Cools as Fed Plots Next Interest Rate Move
Consumer prices rose at the slowest pace in more than two years, an encouraging sign for policymakers as they plot their next interest rate move.
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China’s Biggest Banks Cut Deposit Rates to Spur Consumer Spending
China’s largest state-run banks lowered interest rates on deposits, reflecting a growing concern that the economy has not rebounded as strongly as expected.
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U.S. Economy’s Staying Power Poses Big Questions for the Fed
The Federal Reserve has been trying to slow growth without tanking it. Now, officials must ask if inflation can cool amid signs of resilience.
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Pivots That Helped Businesses Through the Pandemic Have Endured
A challenging time proved to be fertile ground for experimentation that continues to pay off.
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Companies Push Prices Higher, Protecting Profits but Adding to Inflation
Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.
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Why Are Food Prices So High in Europe? Sugar, Cheese and Bread Costs Soar
Agricultural and energy costs are falling, but basic items remain stubbornly expensive for consumers.
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Consumer Spending Rose More Than Expected in April
New data on spending and income suggest that the economy remains robust despite the Federal Reserve’s interest rate increases.