The August inflation report shows a slight uptick, with core inflation at 0.3% month-over-month and 3.3% year-over-year, but disinflationary trends persist. Goods prices are deflationary, especially ...
The quits rate in the JOLTS report shows significant softening. Long-term unemployment jumped to 1.7%. My recession rule is at 33% and rising, but it needs to be over 50% to trigger a recession ...
It’s been a while since the 2022 run-up in inflation rates and the painfully gradual descent. Yet consumers have been experiencing a renewed wave of sticker shock at prices in recent months, according ...
A greater number of small businesses are worried about inflation and future business conditions, according to a survey released Tuesday by the National Federation of Independent Business. If even more ...
Inflation is a word you hear all the time. However, many people don't fully understand how it works or how it impacts their ...
Having worked in the Federal Reserve system her entire career, Loretta Mester rose to become president of the Cleveland Fed for a decade until her retirement on June 30. During most of her years on ...
According to an October 12 report from the Labor Department, prices rose 0.4% from August to September while the annual inflation rate remained static at 3.7%. And, consumers are still feeling the ...
Top Biden economists shared a lesson for the Trump administration and beyond on Friday: Whenever the next crisis arrives, the government should not hold back in its response efforts. Why it matters: ...
Middle-income Americans are facing an economic hangover from the inflation of the last several years, and it has led to increased pessimism about their financial prospects, a new analysis finds. A ...