U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
Friday’s report from the Commerce Department showed that consumer prices rose 2.6% in December from a year earlier, up from a ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
“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 ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...