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.
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3 Defensive Stocks to Buy as Consumer Confidence Ebbs on Fewer Rate Cuts
Americans are not as confident of the economy as they were a few months back. Markets have been volatile from the beginning of this year as inflation has been showing signs of climbing again, ...
US labor costs rise moderately in fourth quarter
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The employment cost index (ECI) ...
Official Email Urges Federal Workers to Find More Productive Jobs
The message reiterated an offer for a chance to take a second job or travel to a “dream destination” and remain on the ...
U.S. inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...