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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Inflation
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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US inflation edges up, fueled by energy and housing prices, but many other costs rise only mildly
Housing costs accounted for more than half the increase in prices from November to December.
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Walden: Is cost of living, inflation lower in NC?
Data from the federal government for 2022 show the cost of the same products and services bought by a typical household was 5.8% lower in North Carolina compared to the nation.
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Launch 24 outlook: Triangle has insulation from slowing national economy
Hundreds of people, community leaders, business leaders and residents attended the Raleigh Chamber’s annual economic forecast event, Launch 24, on Wednesday morning.
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Walden: Why stop at an inflation rate target of 2%
Why not go to zero price inflation, or even better, why not have a goal of negative inflation, meaning prices are falling?
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‘Stabilization’ arrives in labor market, says UNC economist, but Fed ‘maybe not done’ with rate hikes
A UNC economist said Friday that he sees job market “stabilization” in the latest US employment data—but he also shared predictions about a “hard landing” for the economy. Take a look at the numbers.
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What’s the state of the jobs market? Big report coming Friday
Employers are growing more cautious, pulling down some job postings and reining in hiring. Employees are sticking around more and not bouncing as readily for better opportunities. Welcome to the wait-and-see job market.
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