Overall P.C.E. Inflation Ticked Up in July
The Federal Reserve has warned for months that wrestling rapid inflation back to a normal pace was likely to be
Read moreThe Federal Reserve has warned for months that wrestling rapid inflation back to a normal pace was likely to be
Read moreWhy It Matters: Implications for interest-rate policy. Labor market data is closely watched by policymakers at the Federal Reserve as
Read moreFederal Reserve officials welcomed a recent slowdown in inflation at their July meeting, minutes released on Wednesday showed, but they
Read moreThe U.S. economy continued to generate sturdy employment growth in July, but it showed definite signs of cooling alongside the
Read moreThe Federal Reserve is widely expected to raise interest rates at its meeting on Wednesday, and economists will be watching
Read moreWASHINGTON — The Treasury Department’s ability to continue paying its bills and prevent the United States from defaulting on its
Read moreInflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a positive development
Read moreThe strong jobs report was welcome news for President Biden, who has insisted in recent weeks that the United States
Read moreU.S. job growth accelerated in July across nearly all industries, restoring nationwide employment to its prepandemic level, despite widespread expectations
Read moreU.S. employers added 528,000 jobs in July, the Labor Department said on Friday, again outstripping expectations for a labor market
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