The April price data showed inflation is moderating. Following an on-trend Consumer Price Index reading, producer (wholesale) price growth also eased last month
The U.S. economy is slowing. True, the first look at the March-quarter gross domestic product (GDP) is expected to show a nice gain, but that will likely prove
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 nation added an estimated 263,000 jobs in November. The better-than-expected tally brought the estimated total jobs created over the first 11 months of 2022
The October price data may prove to be an inflection point in the battle to tame inflation. The Consumer Price Index (CPI) rose 0.3% and 7.7% on a month-to
The central bank remains on its increasingly restrictive monetary policy course. The Federal Reserve raised the benchmark short-term interest rate by 0.75% at
The Federal Reserve remains the elephant in the room for Wall Street. That is because investors are still worried that the central bank may have raised the
Inflation remains elevated and has shown minimal signs of easing. This was evident in the September reports on producer (wholesale) and consumer prices. Indeed
The nation added 263,000 jobs in September. In total, nonfarm payrolls increased by more than 3.75 million positions during the first nine months of 2022
The Federal Reserve’s main priority right now is to stabilize prices. The combination of stubbornly high inflation, reflected in August consumer and producer
The inflation situation remains problematic. The August reading on consumer prices came in stronger than expected, with the core-Consumer Price Index (CPI)
U.S. nonfarm payrolls increased by 315,000 in August. That figure exceeded the consensus expectation by about 5%. The newest gains brought the estimated total