The U.S. consumer remains somewhat defiant against lingering inflationary pressures, but job prospects may be starting to fade, The Conference Board said Tuesday.
The U.S. consumer remains somewhat defiant against lingering inflationary pressures, but job prospects may be starting to fade, The Conference Board said Tuesday.
Consumer-level inflation moderated somewhat in February, U.S. federal data from Tuesday show, but it remains elevated at 6% over the last 12 months, well above the target rate for policy makers.
Consumer-level inflation moderated somewhat in February, U.S. federal data from Tuesday show, but it remains elevated at 6% over the last 12 months, well above the target rate for policy makers.
4:05pm: Stocks retract in the afternoon Wall Street lost steam at the close of trading on Friday on fears that there might be more rate hikes to come after.