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Wages Grow Steadily, Defying Fed’s Hopes as it Fights Inflation
Posted inFederal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy Wages and Salaries

Wages Grow Steadily, Defying Fed’s Hopes as it Fights Inflation

Pay gains picked up last month, the opposite of what Federal Reserve officials are hoping for as they try to cool inflation.
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Posted by By Jeanna Smialek
Wages Climb Rapidly, Defying Fed’s Hopes as it Fights Inflation
Posted inFederal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy Wages and Salaries

Wages Climb Rapidly, Defying Fed’s Hopes as it Fights Inflation

Pay gains picked up last month, the opposite of what Federal Reserve officials are hoping for as they try to cool inflation.
Read More
Posted by By Jeanna Smialek
U.S. employers added 253,000 jobs in April.
Posted inFederal Reserve System Hiring and Promotion Interest Rates Labor and Jobs Labor Department (US) Layoffs and Job Reductions Recession and Depression Unemployment United States Economy

U.S. employers added 253,000 jobs in April.

The unemployment rate fell to 3.4 percent as the labor market showed enduring strength.
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Posted by By Lydia DePillis
Powell Bets the Fed Can Slow Inflation Despite Recession Fears
Posted inBanking and Financial Institutions Federal Reserve System First Republic Bank Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Recession and Depression United States Economy Wages and Salaries

Powell Bets the Fed Can Slow Inflation Despite Recession Fears

Jerome H. Powell, the Federal Reserve chair, thinks his central bank can defy history to clinch slower inflation and a soft economic landing.
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Posted by By Jeanna Smialek

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