There were some encouraging economic developments this week that millions of Americans likely warmly welcomed. The unemployment rate in January, for example, declined to 4.3% as employers added more ...
Inflation eased its grip on the American consumer in November, with prices rising 2.7% from a year earlier, the Labor Department said in a Dec. 18 report. The annual inflation rate had crept as high ...
Interest-rate cuts in the near term aren’t appropriate by the Fed until there’s more evidence that sticky inflation is declining, said Chicago Federal Reserve President Austan Goolsbee. Goolsbee, a ...