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.
Loge said that going into 2025, the U.S. would have a relatively strong economy, with inflation at close to 2 percent, and that "the prudent policy would be to stay the course." ...
Inflation reaccelerated in November by the measure preferred by policymakers at the Federal Reserve, but not as much as ...
Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate ...
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 ...
Consumers have grappled with unusually high inflation for the last three years, an economic burden that may have cost incumbent Vice President Kamala Harris the 2024 presidential election.
Inflation is a complex and multifaceted economic phenomenon that reflects changes in the price levels of goods and services ...
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 ...
But what appeared to be a hot job market was actually a symptom — not the cause — of the recent bout of inflation, according to new research that explored the consequences of unexpected rising prices ...