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, ...
Trump tariffs to stoke US food inflation despite pledge to lower costs
Most Gulf stock markets ended subdued on Wednesday in the wake of U.S. President Donald Trump's shock statement about taking ...
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 ...
Why the labor market could be the only hope for another Fed rate cut
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
WA Labor has thumping Newspoll lead a month before election; federal Labor improves
Labor is in a strong position ahead of the WA election, while federal Labor has also received some better news from the ...
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 ...
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, ...
Real World Economics: Understanding inflation will lead to trust in economic policies
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...
Who’s feeling inflation the most? A glimmer of hope for hardest-hit Australians
Working households are feeling the lowest price pressures since 2020, as inflation eased across the country and even went ...
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.
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...