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 ...
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Job numbers, inflation leaving room for Fed to hold rates
Slowing but healthy US job growth, combined with rising inflation expectations, supports the Federal Reserve’s inclination to ...
Trump inherits a labor market at full employment. Can he keep it there?
WASHINGTON (Reuters) -Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as ...
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.
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 ...
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 ...
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, ...
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 ...
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Hawkish Jobs Report, Inflation Expectations Hit Fed Rate-Cut Odds; S&P 500 Falls
Consumer inflation expectations jumped amid Trump tariff threats, the University of Michigan consumer sentiment index showed on Friday. That followed a January jobs report which was, on balance, on ...
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.