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Inflation slowed last month thanks to cheaper fuel and airfares.
Posted inConsumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Renting and Leasing (Real Estate) United States Economy

Inflation slowed last month thanks to cheaper fuel and airfares.

The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Posted by By Jeanna Smialek
The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.
Posted inBudgets and Budgeting Federal Budget (US) Government Bonds Interest Rates National Debt (US) Personal Finances Stocks and Bonds United States Economy United States Politics and Government

The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.

If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.
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Posted by By Alan Rappeport Jim Tankersley and Jeanna Smialek
Fed President Backs Slowdown as Support Mounts for Smaller Rate Move
Posted inCollins, Susan M (1959- ) Government Bonds Inflation (Economics) Interest Rates Labor and Jobs United States Economy

Fed President Backs Slowdown as Support Mounts for Smaller Rate Move

Susan M. Collins, president of the Federal Reserve Bank of Boston, said she was leaning toward a quarter-point move at the central bank’s Feb. 1 meeting.
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Posted by By Jeanna Smialek
US Employers Added 223,000 jobs in December
Posted inBiden, Joseph R Jr Consumer Behavior Federal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Recession and Depression Unemployment United States Economy Wages and Salaries

US Employers Added 223,000 jobs in December

The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.
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Posted by By Lydia DePillis

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