Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.
The December 2024 economic projections from the central bank show significant changes from the September figures. They ...
It's also worth noting that these two types of inflation aren't completely independent in the real world. In fact, different causes of inflation can create a cycle of rising prices. Let's say that ...
One research paper says inflation mostly fell for reasons besides the Fed's interest-rate campaign. One measurement that uses the Fed's own model of the economy suggests the Fed's hikes were ...
Rising Federal deficits and debt, coupled with potential Trump tariffs, could exacerbate inflation, forcing the Fed to hike ...
What's important is that rising prices aren't on their own evidence of inflation. Even more important, rising prices most certainly can't cause inflation. To say they do is like saying suntans ...
Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate decisions. The Fed raised rates rapidly in 2022 and held them high throughout ...
Inflation is a complex and multifaceted economic phenomenon that reflects changes in the price levels of goods and services ...
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed ...
But what appeared to be a hot job market was actually a symptom — not the cause — of ... Plus, real wages (which take into account the impact of inflation) are about 4.4% below where they ...