The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends.

U.S. construction spending increased more than expected in December, boosted by single-family homebuilding, but high mortgage ...

Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $129.5 billion in December. Personal saving was $843.2 billion in December and the ...