Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.
What does 2025 hold for interest rates, inflation and the American consumer?
Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate ...
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
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US inflation ticked up last month as some price pressures remain persistent
WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly ...
U.S. Inflation Has Turned 'Sticky', Reducing Odds For Rate Cuts
The average of a set of alternative and conventional inflation indicators are picking up on firmer reflation pressure. Click ...
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Fed's favored inflation gauge edges higher in November
The Federal Reserve's preferred inflation measure rose for a second straight month in November, according to government data ...
Why the Fed is likely to cut interest rates again despite inflation uptick, solid economy
The Federal Reserve is expected to cut interest rates for a 3rd straight meeting despite a recent inflation pick-up and solid ...
Fed cuts interest rates a third time, points to inflation as challenge for 2025
The Fed lowered interest rates on Wednesday by a quarter point, while signaling a slower pace of cuts next year.
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Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
Moreover, data from the Bureau of Labor Statistics showed that year-over-year real average hourly earnings growth dropped for 25 consecutive months. Average hourly pay has outpaced inflation since ...