Wage growth for a large swath of Americans is being outpaced by the rate of inflation, according to data from Indeed, which reported people with low- and middle-paying jobs are likely feeling the most ...
Explore how inflation affects economic recovery, from employment rates to borrowing costs, and understand its potential ...
The U.S. economy could be on the upswing even if tariffs and stubborn inflation continue to weigh on growth, according to a new analysis. The National Association for Business Economics (NABE) said ...
Although wage growth has cooled since 2022’s highs, it remained above inflation and held stable in June, according to a July 24 report from Indeed’s Hiring Lab. Based on federal data, 57% of workers’ ...
The chief economist for the International Monetary Fund (IMF) told reporters on Tuesday that "the battle against inflation is almost won," amid falling inflation data. Pierre-Olivier Gourinchas said ...
Inflation slowed but progress has been slow Drop in consumer spending flags growth concerns Coming policy choice could be tough for the Fed Feb 28 (Reuters) - New data may point to emerging tension ...
Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a ...
Key insight: Americans earned more and spent even more in August, pushing the savings rate down. Supporting data: Income rose, spending jumped and the PCE price index increased month-over-month.
Consumer price growth cooled in March as the White House prepared far-reaching global tariffs, with a key inflation measure falling to its lowest level since March 2021. The consumer price index ...
The Federal Reserve last week began cutting rates over fears the labor market has softened sharply, but this week’s economic data could provide an antidote in the form of a strong reading on gross ...
There’s any number of directions tariff rates could go—a small increase, a big increase, no increase—from here forward. And depending on that, there’s a lot of different directions that monetary ...
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