U.S. Job Growth Remains Strong, Defying Fed’s Rate Strategy
Other indicators have signaled that a more serious contraction is underway. The purchasing managers’ index for manufacturing, which measures how
Read moreOther indicators have signaled that a more serious contraction is underway. The purchasing managers’ index for manufacturing, which measures how
Read moreFederal Reserve officials agreed at their November meeting that it would soon be appropriate to slow interest rate increases, minutes
Read moreEconomists at Goldman Sachs estimate that the Fed’s preferred inflation gauge, stripping out food and fuel costs, will slow to
Read moreGross domestic product increased 0.6 percent after two quarters of decline, but key components continue to show an economic slowdown.
Read moreA wage growth measure that the Federal Reserve watches closely climbed swiftly in the three months through June and prices
Read moreWASHINGTON — The Federal Reserve continued its campaign of rapid interest rate increases on Wednesday, pushing up borrowing costs at
Read moreThe Federal Reserve announced its fourth interest rate increase of 2022 on Wednesday as it races to tamp down rapid
Read moreFederal Reserve officials are set to make a second abnormally large interest rate increase this week as they race to
Read moreWASHINGTON — The Federal Reserve, determined to choke off rapid inflation before it becomes a permanent feature of the American
Read moreA surprisingly robust June employment report reinforced that America’s labor market remains historically strong even as recession warnings reach a
Read more