Hot Inflation Dims Prospects for Summer Rate Cuts
A leading measure of inflation was higher than expected in March, as the consumer price index rose by 3.5% on a year-over-year basis. The March report...
A leading measure of inflation was higher than expected in March, as the consumer price index rose by 3.5% on a year-over-year basis. The March report...
In the latest sign that the U.S. economy is maintaining its gravity-defying momentum, the Bureau of Labor Statistics reported Friday that employers...
At the conclusion of its March meeting on Wednesday, the Federal Reserve announced that it will hold its benchmark overnight borrowing rate in a range...
Inflation is looking a bit sticky as we head further into 2024. The consumer price index rose 0.4% from January to February, and 3.2% from February...
Employers added 275,000 jobs in February, handily beating expectations as the labor market notched its 38th consecutive month of growth, the...
Federal Reserve Chair Jerome Powell told lawmakers Wednesday that the continued strength of the U.S. economy means that central bank officials can...
Inflation was a bit hotter than expected in January, as consumer prices rose 3.1% on an annual basis, according to Labor Department data released...
A U.S. labor market that just won’t quit turned in another strong performance in January, once again defying expectations of a slowdown as employers...
The Federal Reserve announced Wednesday that it is maintaining its benchmark interest rate in a range between 5.25% and 5.5%, where it has stood since...
The U.S. economy grew at a robust 3.3% annual rate in the final quarter of 2023, according to government data released Thursday, pushing the growth...