Consumer Spending Stalled Last Month
The slowdown is good news for policymakers worried about inflation, but a sign that the engine of the economy could be losing steam.
Posted inConsumer Behavior Consumer Price Index Federal Reserve System Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) Unemployment United States Economy Wages and Salaries
Inflation Has Eased, but Economists Are Still Worried
Inflation has come down from its 2022 heights, but economists are worried about its stubbornness.
Posted inConsumer Behavior Consumer Price Index Federal Reserve System Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) Unemployment United States Economy Wages and Salaries
Inflation Has Eased, but Economists Are Still Worried
Inflation has come down from its 2022 heights, but economists are worried about its stubbornness.
Posted inBankruptcies Company Reports Consumer Behavior Cooking and Cookbooks Corelle Brands LLC Fads Home Appliances Instant Pot Co Peloton Interactive Inc Quarantine (Life and Culture)
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.