US wholesale inflation accelerated in January in latest sign that prices picked up last month
Wholesale prices in the United States picked up in January, the latest sign that some inflation pressures in the economy remain elevated.
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Federal Reserve
US applications for jobless benefits fall as labor market continues to show resilience
Fewer Americans filed for jobless claims last week as the labor market continues to show resilience in the face of elevated interest rates intended to cool economic growth in the U.S.
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Fed Chair Powell: The ‘time is coming’ for a rate cut
Federal Reserve Chair Jerome Powell said the time is coming for interest rate cuts, but asked Americans for a bit more patience in the central bank’s fight against inflation.
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Walden: What went right to avert recession in 2023?
The question for 2024 is, are we are now back to the traditional economic rules?
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NC Bankers see ‘soft landing’ coming in 2024
With each passing month the chance of a recession diminishes, while the chance of a “soft-landing” increases.
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Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts
Inflation is getting close to the Fed’s target rate, the economy is still growing at a healthy pace, consumers keep spending and the unemployment rate is near a half-century low.
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Inflation slowed further in December as an economic ‘soft landing’ moves into sharper focus
Friday’s government report showed that prices rose just 0.2% from November to December, a pace consistent with pre-pandemic levels and barely above the Fed’s 2% annual target.
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Fed’s Barkin: March rate cut isn’t out of the picture.
If the economy were to undergo an annual physical, Richmond Federal Reserve President Tom Barkin would rate it “reasonably healthy.”
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Mike Walden: Will fed actions influence the presidential election?
The last four years have shown the Fed flexing its muscles over the economy.
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