Economists are eagerly awaiting the December employment report, due out Friday, to see if job growth ended 2023 on a high note. Forecasters estimate 168,000 jobs were added last month, a decent total ...
The Federal Reserve’s path to cutting interest rates later this year just got a bit more complicated thanks to fresh data showing that inflation continues to remain stubbornly high while the job ...
President Joe Biden on Tuesday will launch a new task force to take on “unfair and illegal” corporate pricing, which Biden sees as a major reason why consumers are not yet feeling the impact of ...
Inflation is driven by increases in the money supply. Key inflation measures are above the Fed's 2% target and accelerating, indicating persistent inflationary pressures. Historical patterns suggest ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Higher inflation in the U.S. might end up forcing President Trump to limit trade tariffs, according to Michael Hartnett, chief investment strategist at BofA. Hartnett said that 3% U.S. CPI in January ...