U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and start ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
U.S. job openings fell in December, a sign that the labor market is cooling but still healthy.
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest ... data from the Commerce Department showed on Friday. Price pressures have been ...
US inflation ... Friday showed labor costs rose in the fourth quarter as wages edged up. Price pressures picked up in the fourth quarter, stalling the progress in lowering inflation.
The PCE price index is part of the Commerce Department ... cost inflation, slowing insurance-related inflation and cooling wage growth. (Separately, on Friday, the Bureau of Labor Statistics ...