The red-hot American job market might be just a couple of degrees cooler than previously believed. There were 306,000 fewer nonagricultural jobs in the United States […]
Why It Matters: The last major data release before the Fed’s rate decision. The report released on Tuesday, called the Job Openings and Labor Turnover Survey, […]
Inflation is slowing, a fresh reading of the Federal Reserve’s preferred index showed, but costs continue to climb rapidly after stripping out volatile food and fuel […]
But the slowdown in wage growth could be good news for the central bank. Officials have been nervously eyeing rapid wage gains, fretting that it will […]