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 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
Inflationary pressures have shown signs of moderating. This was evident in the Labor Department’s report on consumer prices. Specifically, the Consumer Price
The Federal Reserve continues to walk a tightrope in its battle to tame inflation. The central bank has been very aggressive in raising the benchmark short-term
The attention of Wall Street will turn to the Federal Reserve’s next monetary policy decision. The two-day Federal Open Market Committee (FOMC) meeting, which
Deal-hunting Americans shrugged off sky-high inflation on Black Friday, spending in record-breaking numbers online even as brick-and-mortar stores enjoyed the
The central bank remains on its increasingly restrictive monetary policy course. The Federal Reserve raised the benchmark short-term interest rate by 0.75% at
The nation’s economy expanded by an estimated annualized rate of 2.6% in the third quarter. That followed two quarters of contraction and lifted sentiment about
Inflation remains elevated and has shown minimal signs of easing. This was evident in the September reports on producer (wholesale) and consumer prices. Indeed
The nation added 263,000 jobs in September. In total, nonfarm payrolls increased by more than 3.75 million positions during the first nine months of 2022
