This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for Fed interest rate cuts in May or June 2025.
According to the Labor Department’s January jobs report that came out Friday, nonfarm hourly earnings rose an average of 17 ...
Slowing but healthy US job growth, combined with rising inflation expectations, supports the Federal Reserve’s inclination to ...
The Bureau of Labor Statistics reported 143,000 new jobs in January, below the consensus estimate of 175,000. Click for more ...
Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Economists like me rely on data from federal data collection agencies like the Bureau of Labor Statistics (BLS) and the ...
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...