Inflation fell to 2.5% in January in Fed’s preferred gauge
 · 7hMyNorthwest.com
Consumers cut spending by most in four years last month even as inflation fell
The Fed’s preferred inflation gauge cooled last month, but consumer spending sank
Jump in inflation expectations bad news for Trump, the Fed, and all Americans
The survey director noted that long-range inflation expectations have increased quickly, calling it an “unusually large increase."
US consumer spending declines; annual inflation subsides
U.S. consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial market expectations that the Federal Reserve would resume cutting interest rates in June.
Inflation is easing, but another alarm bell is ringing about the US economy
Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
Rise in US inflation expectations means Fed has to stay on guard, Schmid says
Recent surveys showing a rise in consumer inflation expectations mean the U.S. central bank needs to keep its focus on ensuring price pressures are fully contained, Kansas City Federal Reserve President Jeff Schmid said on Thursday,
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During the first month of his second term, Donald Trump’s popularity started out mildly positive but has slowly eroded, according to the FiveThirtyEight averages. As of January 24, his job-approval ratio was 49.
Inflation, looming trade war take a toll as confidence of the U.S. consumer tumbles
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday.
Gobsmacked by groceries: Inflation inching higher for Washington consumers weary at the market
In a December interview after winning the election for president, Donald Trump credited his win at the polls on two topics: immigration and the economy.
Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged
Wall Street sinks as U.S. consumers get more pessimistic about inflation, tariffs
Wall Street is falling again Tuesday as U.S. households get more pessimistic about the economy because of inflation, tariffs and other policies coming from Washington.