Live Breaking News & Updates on Bloomberg Matthew Boesler

Stay updated with breaking news from Bloomberg matthew boesler. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Key inflation gauge cools; U.S. consumer spending misses forecasts

The Federal Reserve’s preferred inflation measures eased in November while consumer spending stagnated, suggesting the central bank’s interest-rate hikes are helping to cool both price pressures and broader demand — ....

United States , Jerome Powell , Bloomberg Matthew Boesler , Chris Middleton , Ian Shepherdson , Commerce Department , Federal Reserve , Labor Department , Fed Chair Jerome Powell , Pantheon Macroeconomics , Matthew Boesler , Nation And World , Op Stories ,