U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The increase was in line with economists' expectations. In the 12 months through December, the PCE price index advanced 2.6%.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.