consumer spending

According to reports, Brian Moynihan, CEO of Bank of America, stated that he believes the United States is facing a relatively mild recession. Considering the amount of stimulus me

On April 11th, according to the latest report from Bitfinex Alpha, the US economic indicators have been mixed in recent months, with some signs indicating a slowdown in economic gr

According to reports, the three major US stock indexes continued to rise, with the Nasdaq index expanding to 1%, the S&P 500 index up 0.7%, and the Dow index up 0.4%. Interpretation of this information: The recent surge in the US stock market is an indication that the economy is regaining stability after the upheaval caused by the COVID-19 pandemic. The Nasdaq index’s 1% expansion, the S&P 500 index’s 0.7% rise, and the Dow index’s 0.4% increase indicate that investors are confident about the future of the US economy. The…

It is reported that the inflation index favored by the Federal Reserve grew faster than expected in January, and the growth of consumer spending was the largest since 2021. These two factors put pressure on policy makers to continue to raise interest rates. Data released on Friday showed that the price index of personal consumption expenditure rose 0.6% from the previous month, the largest increase since last June. Excluding food and energy, the core price index also rose 0.6%. Personal expenditure adjusted for price changes increased by 1.1%, rebounding from…