US labor costs rise moderately in fourth quarter
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...
US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures ...
One chart shows that low-income Americans get hit hardest by inflation
The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing those for the other four ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation ...
The US economy just had another robust year
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald ...
Trump tariffs to stoke US food inflation despite pledge to lower costs
Wall Street stocks slipped and the dollar gained on Friday after President Donald Trump announced tariffs on Canada, Mexico ...