The Federal Reserve opted for a pause on interest-rate hikes at its mid-June Federal Open Market Committee (FOMC) meeting. The central bank, aided by May price
Inflation showed signs of cooling last month. The Consumer Price Index (CPI) increased a modest 0.1% in May. On a 12-month basis, the CPI was up 4.0%, again
The nation created 339,000 jobs in May. That figure handily exceeded the consensus forecast of 190,000 and pushed the total number of jobs added through the
The Federal Reserve’s battle to tame inflation is proving arduous. Fresh on the heels of a stronger-than-expected Personal Consumption Expenditures (PCE) Price
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