The Federal Reserve has now cut interest rates for the third straight meeting, but the decision was anything but unanimous. Three officials broke ranks, arguing that with inflation still running above ...
Cooling US inflation and steady job growth in January strengthen hopes the economy can avoid recession in 2026.
M/M vs. +0.3% consensus and +0.3% prior, according to data released by the Bureau of Labor Statistics on Friday.
The January CPI report showed cooling inflation, a key factor in whether the Federal Reserve resumes interest rate cuts.
Excluding volatile food and energy prices, the consumer price index showed a seasonally adjusted 0.2% gain on a monthly basis and 2.6% annually.
A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth slowed and gas prices fell, offering some relief to Americans still grappling with the sharp ...
Perhaps the single most important macro phenomenon of the past several decades is the precipitous decline in the labor share of income. As David Hay writes, “The Roots of Populism in the U.S. can be ...
UK inflation fell to a near one-year low of 3% in January as price rises continue to ease. It marks the lowest level of inflation since March 2025 and is down from 3.4% in December. The drop had been ...