OAN’s Alicia Summers5:00 PM – Friday, January 31, 2025 December’s Personal Consumption Expenditures (PCE), the Federal Reserve’s preferred inflation measure, showed a 0.3%…
The U.S. economy added 256,000 jobs in December, surpassing expectations and keeping the unemployment rate steady at 4.1%.
Consumer sentiment has risen to 74, marking five consecutive months of improvement and reaching its highest level since April 2024.
David Stryzewski, CEO of Sound Planning Group, joins Alicia Summers to discuss job data contradictions, Trump’s deregulation plans, economic effects of cutting waste, and the Fed’s potential rate cut.
Consumer confidence in the U.S. improved slightly in early September, with the University of Michigan’s index rising to 69, beating expectations. Inflation expectations have dropped for four consecutive months,
In July, the PCE Inflation Index rose by 2.5%, slightly below the forecasted 2.6% and up 0.2% from June. This slower-than-expected inflation may lead the Fed to consider lowering interest rates in September.
Donald Trump seems to keep bouncing back after every effort to bring him down, the indictments, the conviction. Why is that? When you check the polls to see what issues matter most to voters, inflation tops the list.
The producer price index released today shows a surge in wholesale prices, the highest in a year according to the Bureau of Labor Statistics, sparking concerns about inflationary pressures and broader implications.
Consumer confidence, out today, is at its lowest reading in 4 months. Confidence stands at 104.7 today compared to 104.8 in February.
The consumer sentiment report is out, showing a slight decline in February from the month before.