Markets are ignoring a hotter-than-expected inflation report and instead turning their attention to the latest signs that the U.S. labor market is faltering — a shift in focus that points to growing ...
Inflation is finally cooling after a bruising stretch of price spikes, and on the surface that sounds like unqualified good news. Yet history suggests that when inflation plunges quickly, it can be a ...
Consumers' expectations for inflation dropped in May for the first time in 2025. CPI data has been steadily improving, but sentiment readings have lagged the hard data. Improved consumer sentiment ...
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Experts predict the economy will nearly stall in 2025, growing 0.8%, down from their projection of 1.7% just last month. The 46 economists surveyed by Wolters Kluwer Blue Chip Economic Indicators ...
The Fed's view is that tariff inflation is temporary, and the August CPI is unlikely to change this view, given the weak August labor market report, with muted wage growth. In fact, the August CPI ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Chicago Fed President Austan Goolsbee is a "little uneasy" about inflation, he said on Thursday. The inflation rate seems to have stalled and may have moved up, he added during an interview at CFA ...
After months of delay and backroom dealmaking, the Trump administration has imposed sweeping tariffs on nearly 100 countries, sending U.S. import duties soaring to their highest levels in nearly a ...