The Federal Reserve last week began cutting rates over fears the labor market has softened sharply, but this week’s economic data could provide an antidote in the form of a strong reading on gross ...
The U.S. economy could be on the upswing even if tariffs and stubborn inflation continue to weigh on growth, according to a new analysis. The National Association for Business Economics (NABE) said ...
Key insight: Americans earned more and spent even more in August, pushing the savings rate down. Supporting data: Income rose, spending jumped and the PCE price index increased month-over-month.
Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a ...
Explore how inflation affects economic recovery, from employment rates to borrowing costs, and understand its potential ...
By looking at the inflation rate each year, you can gain insight into how prices changed and how events around the globe ...
Inflation is on Federal Reserve Chair Jerome Powell's radar, but isn't the central bank's biggest concern right now. The slowdown in job creation since January suggests the economy is not running as ...
The headlines about new stock market highs are hiding the fundamental erosion in many consumer areas. While employment looks fine and inflation seems stable, consumers are making budget shifts to ...
Based on this week’s jobs report, growth in average hourly earnings slowed to 3.5%, while price inflation is heating up. In November, average hourly earnings rose 3.5% year over year. That’s down from ...
With the federal government now reopened after a six-week shutdown, we’re witnessing some remarkably positive economic developments. The annual inflation rate has dropped to 2.7 percent, while the ...
AMSTERDAM, Dec 19 (Reuters) - Risks to euro ‌zone growth and inflation are ‌fairly balanced but remain large, so the European Central Bank needs to keep an open mind about future policy moves, Dutch ...