The nation created an estimated 336,000 jobs in September. That figure was nearly double the consensus expectation of 170,000 and was accompanied by sharp
Inflation is running at a level that is still too high for the Federal Reserve. The Personal Consumption Expenditures (PCE) Price Index, which is the measure of
The Federal Reserve paused on the interest-rate front at its September Federal Open Market Committee (FOMC) meeting. The central bank wants to see what the full
Inflation remains sticky. After trending lower over the late spring and early summer months, both the Consumer and Producer Price Indexes came in stronger than
The latest price and labor data did not change the narrative about the Federal Reserve’s likely near-term monetary policy course. The consensus view is that the
The Federal Reserve has received a number of key reports ahead of its late-September Federal Open Market Committee (FOMC) meeting. The central bank, which said
The Federal Reserve has maintained its hawkish monetary policy stance. This was evident in the release of the minutes from the July Federal Open Market
The U.S. inflation situation remains unsettled. True, the July increases for the Consumer Price Index (CPI) and the core-CPI, which excludes the food and energy
The nation added 187,000 nonfarm payroll positions in July. That figure came in short of the consensus expectation of 200,000 and was accompanied by respective
The economy seems to be holding up reasonably well, despite a challenging backdrop. According to the advance estimate, gross domestic product (GDP) rose at an
The consumer sector remains the main cog in the continued economic expansion. Supported by a still tight labor market, which has seen a series of weekly initial
