The March price data showed a moderation in headline inflation. On the heels of a benign 0.1% increase in the Consumer Price Index (CPI), the Labor Department’s
Nonfarm payrolls increased by 236,000 in March. That gain, though nominally below the consensus forecast of 238,000, pushed the estimated total number of jobs
The Federal Reserve received some welcome news on the inflation front. The Personal Consumption Expenditures (PCE) Price Index, the measure of inflation most
The Federal Reserve remains on its monetary policy tightening course. At the March Federal Open Market Committee (FOMC) meeting, the central bank raised the
Inflationary pressures seem to be gradually waning. The Consumer Price Index (CPI) showed prices rose 6.0% during the month of February, year over year, which
The Federal Reserve is monitoring another troublesome situation in addition to its now year-long battle to tame inflation. The central bank has deployed its
The Federal Reserve’s battle to tame inflation is proving arduous. Fresh on the heels of a stronger-than-expected Personal Consumption Expenditures (PCE) Price
January price data showed inflation remains stubbornly high. Stronger-than-expected increases in the Consumer and Producer Price Indexes were followed by a 12
The Federal Reserve still has more work to do in its battle to tame inflation. That is because both the January Consumer and Producer Price Indexes indicated
The inflation situation remains sticky. This was reflected in the Consumer Price Index (CPI) data, which showed an increase of 0.5% in January. That figure was
The nation created an estimated 517,000 jobs in January. That figure far outpaced the consensus forecast of 187,000. The employment rate inched lower, to 3.4%
The inflation picture is looking better. This was reflected in a series of reports showing a moderation in December prices. It also should be noted that the
