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 ...
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 ...
Key US inflation gauge posts largest monthly rise since last April
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
Marketplace9d
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 ...
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, ...
U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...