Stronger-than-expected data on the labor market has intensified concerns that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.
Progress on bringing down inflation has stalled. Economic activity is robust. And now Friday’s employment report shows the labor market is solid. All of that leads economists at Bank of America to ...
By Howard Schneider WASHINGTON (Reuters) -Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to ...
After the "gangbuster" December jobs report, the Federal Reserve's rate-cutting cycle is over, said Aditya Bhave, senior U.S. economist at BofA Global Research. "Our base case has the Fed on an ...
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
The Fed's latest meeting minutes showed concern that inflation could remain sticky, partly because of Trump's trade policy.