consumer spending

U.S. retail sales rose 0.5% in March amid soaring inflation

BMO expects a Fed rate hike of 50 bps in May as inflation cuts spending power

April 14, 2022

3 min read

U.S. consumers still confident, but outlook not as rosy

Higher prices and the war in Ukraine contributed to a decline in the six-month outlook

By Matt Ott, The Associated Press |March 29, 2022

2 min read

U.S. economy grew at 2.3% rate in Q3, up from earlier estimate

The United States annualized GDP growth, at 2.3% in Q3, was better than the original estimate of 2.1%

By Martin Crutsinger, The Associated Press |December 22, 2021

3 min read