Key US inflation measure sees first drop in 16 years
The US Federal Reserve`s preferred inflation measure fell in March, and a key component dropped for the first time in nearly 16 years, the Commerce Department reported Monday.
May 01, 2017, 19:34 PM IST
US consumer spending tepid, inflation moderates
US consumer spending rose marginally in February and overall inflation retreated, suggesting the Federal Reserve could take its time in raising interest rates this year despite a tightening labor market
Mar 28, 2016, 18:55 PM IST
