The continued moderation in the ECI, the Fed's preferred barometer of compensation cost growth, looks a little friendlier for the Fed's inflation fight than the most recent readings of average ...
Donald Trump has officially abandoned his promise to fix inflation. Maybe he never intended to fix it at all. The president was elected with a mandate to reduce prices, having promised that he’d ...
However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes. The Personal Consumption Expenditures price index rose 2.6% in ...