The lack of clarity about tariffs and other policies could hurt hiring and investing. But the strong U.S. economy should provide a buffer.

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The Labor Department’s January survey will include revisions making data for previous months look stronger in some cases and weaker in others.

Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.

The market perked up late in the year when interest rates eased, but affordability challenges yielded the fewest transactions since 1995.

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

Economists have long helped to shape policy on issues like taxes and health care. But flawed forecasts and arcane language have cost them credibility.

Stubborn inflation, and potential tariffs, make future rate cuts uncertain.