Wholesale prices rose 0.7% in January, more than expected, fueling inflation increase
Inflation rebounded in January at the wholesale level, as producer prices rose more than expected to start the year, the…
Consumer debt hits record $16.9 trillion as delinquencies also rise
Consumer debt hit a fresh record at the end of 2022 while delinquency rates rose for several types of loans,…
Key Fed inflation measure rose 0.6% in January, more than expected
A measure the Federal Reserve watches closely to gauge inflation rose more than expected in January, indicating the central bank…
Fed can’t tame inflation without ‘significantly’ more hikes that will cause a recession, paper says
The Federal Reserve is unlikely to be able to bring down inflation without having to raise interest rates considerably higher,…
Fed’s Powell heads to Capitol Hill this week, and he’s going to have his hands full
Federal Reserve Chairman Jerome Powell is set to appear before Congress with a tall task: Persuade legislators that he’s committed…
Private payrolls rose by 242,000 in February, better than expected, ADP says
Companies added jobs at a brisk pace in February as the U.S. labor market kept humming, payroll services firm ADP…
Job openings declined in January but still far outnumber available workers
Job openings declined slightly in January but still far outnumber available workers as the labor picture remains tight, according to…
Just like that: Market pricing swings back to quarter-point Fed rate hike
It seemed like only yesterday that markets were sure that a tougher Federal Reserve was going to raise its benchmark…
Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago
Inflation rose in February but was in line with expectations, likely keeping the Federal Reserve on track for another interest…
Wholesale prices post unexpected decline of 0.1% in February; retail sales fall
Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its…
