Inflation rose to 2.6% in Fed’s preferred gauge in December
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
'Budget constraints' hamper collection of economic data | Tatiana Bailey
Economists like me rely on data from federal data collection agencies like the Bureau of Labor Statistics (BLS) and the ...
Underlying Job Market Dynamics Retighten As Fed Moves Any Rate Cuts Into Distance Amid Accelerating Inflation
Job openings gave up some of the past two months' increases in December and fell to 7.60 million, seasonally adjusted, thought the three-month average ticked up for the third month in a row.
US Labor Costs Rise From Year Earlier by Least Since 2021
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
One chart shows that low-income Americans get hit hardest by inflation
Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
Iowans have lost an estimated $34,000 to inflation since 2020.
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...