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Fresh Inflation Data Shows Intact, but Bumpy, Cool-Down
Posted inConsumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy Wages and Salaries

Fresh Inflation Data Shows Intact, but Bumpy, Cool-Down

Inflation remains faster than usual — and month-to-month bumps are still likely as volatile prices fluctuate — but it is making progress back toward a normal pace.
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Posted by By Jeanna Smialek
Mortgage Rates and Inflation Could Draw Attention to the Fed This Election
Posted inBanking and Financial Institutions Federal Reserve System Government Bonds Interest Rates Mortgages Polls and Public Opinion Presidential Election of 2024 United States Economy

Mortgage Rates and Inflation Could Draw Attention to the Fed This Election

The Federal Reserve is poised to cut rates in 2024 while moving away from balance sheet shrinking. Yet a key event looms in the backdrop: the election.
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Posted by By Jeanna Smialek
U.S. Added 216,000 Jobs in December, Outpacing Forecasts
Posted inBiden, Joseph R Jr Bureau of Labor Statistics Consumer Behavior Federal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Prices (Fares, Fees and Rates) Unemployment United States Economy Wages and Salaries

U.S. Added 216,000 Jobs in December, Outpacing Forecasts

Hiring has throttled back from 2021 and 2022, but was impressive last year by longer-term standards.
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Posted by By Talmon Joseph Smith
Stocks On Track to End Longest Winning Streak in 20 Years
Posted inFederal Reserve System Government Bonds Interest Rates Nasdaq Composite Index Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy

Stocks On Track to End Longest Winning Streak in 20 Years

The S&P 500 is on track for its first weekly decline since October, ending Wall Street’s longest winning streak in nearly 20 years.
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Posted by By Joe Rennison and J. Edward Moreno

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