Inflation remains stubbornly high. True, the pace of price growth has slowed considerably from the peak rates seen over the last couple of years, but getting to
The nation added an estimated 275,000 jobs in February. The tally exceeded both the consensus expectation of 198,000 and the previous month’s figure of 229,000
The Federal Reserve received some positive news in its battle to tame inflation. Although the Personal Consumption Expenditures (PCE) Price Index, the
Corporate America did not disappoint during fourth-quarter earnings season. To summarize, with nearly all of the S&P 500 companies having reported results as of
The pace of price growth accelerated in January, ending the downward trend witnessed during the final months of 2023. Indeed, hotter-than-expected readings on
The latest Consumer Price Index (CPI) reading showed inflation remains sticky. Specifically, the CPI and core CPI, which excludes the more-volatile food and
The nation created an estimated 353,000 jobs in January. That figure beat the impressive December tally of 333,000 and far exceeded the consensus forecast of
Inflation, though still elevated, remains on a downward trajectory. This was evident in the December Personal Consumption Expenditures (PCE) Price Index, which
The consumer sector remains the linchpin in the continued expansion of the U.S. economy. This is not surprising, given the sustained strength of the labor
The final 2023 readings on consumer and producer prices painted a mixed picture on the state of inflation. True, the reports did not change the narrative that
The nation created an estimated 216,000 jobs in December. That total exceeded the consensus expectation of 171,000 and was the best figure since the September
The Federal Reserve had to be pleased with the progress it made on the inflation front in 2023. True, the year ended with price growth still running above the
