Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well above the central ...
US Labor Costs Rise From Year Earlier by Least Since 2021
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
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Checking In on Inflation
No economic story has been as constant in recent years as the dramatic increase in inflation from 2021 to early 2023 and its ...
Americans' Paychecks Are Worth Less Because of Inflation—Here's How Much
Recent data from the Bureau of Labor Statistics shows the cost of living continues to outpace earnings, leaving many ...
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Wages keep outpacing inflation as workers “do more with less”
And all this productivity is why wage growth keeps beating inflation, said Betsey Stevenson, a professor of economics at the ...
'Budget constraints' hamper collection of economic data | Tatiana Bailey
Economists like me rely on data from federal data collection agencies like the Bureau of Labor Statistics (BLS) and the ...
One chart shows that low-income Americans get hit hardest by inflation
Rising food and housing costs have hit the lowest-income Americans the hardest in recent years.
Iowans have lost an estimated $34,000 to inflation since 2020.
How much has rising inflation since 2020 cost you? While Iowans need to spend more to maintain their standard of living, ...
The Federal Reserve kept interest rates steady as Trump tariffs loom and inflation fears linger
Federal Reserve policymakers voted Wednesday to hold interest rates steady in its first rate decision of the year.
PCE: U.S. consumer prices rose 2.6% in December
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.