Consumers see inflation—and spending—cooling off in the year ahead, New York Fed survey shows
The one-year inflation outlook declined to 5%, down 0.2 percentage point from the previous month and the lowest level since July 2021.
The IMF projects global headline inflation to fall to 3.5% by the end of 2025.
The IMF now sees 1.1% growth for the U.K. economy this year, up from its July forecast of 0.7%, and...
By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said...
Consumer spending held up in September, underscoring a resilient economy.
Economists polled by Reuters expected the headline rate to come in at 1.9% in its first dip below the Bank...