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May 2025

All articles tagged with #may 2025

economy8 months ago

US Personal Income and Spending Report for May 2025

In May 2025, US personal income declined by 0.4%, with personal savings remaining high at $1.01 trillion. The core inflation rate rose to 2.7%, exceeding expectations, while the overall PCE price index increased slightly by 0.1%, indicating inflation is slightly above the Fed's target. These indicators suggest a mixed economic outlook with cautious inflation control.

US Jobs Growth Slightly Surpasses Expectations in May
economy8 months ago

US Jobs Growth Slightly Surpasses Expectations in May

US job growth slowed in May to 139,000 new jobs, slightly below expectations, while the unemployment rate remained steady at 4.2%, providing the Federal Reserve with a potential pause to delay interest rate cuts. Market reactions included gains in stocks and bond yields, with analysts viewing the report as a sign of a resilient labor market that may support continued economic growth.