US Inflation Continues to Rise, Outpacing Forecasts for a Second Month

US Inflation Continues to Rise, Outpacing Forecasts for a Second Month

US inflation tops forecasts for a second month Rising gasoline costs kept inflation elevated in February, underscoring that the road to more modest consumer price increases following a pandemic-induced spike may continue to be bumpy. The Numbers Rising gasoline costs and rent have kept inflation elevated in February, according to the Labor Department’s consumer price … Read more

Resilient Rebounds in Jobs Report for 2023 Amid Inflation Concerns

Resilient Rebounds in Jobs Report for 2023 Amid Inflation Concerns

Resilient Rebounds in Jobs Report for 2023 Introduction As inflation gathered force in 2021 and 2022, the Federal Reserve notoriously waited too long to raise interest rates, allowing consumer prices to continue to climb sharply, Fed officials now acknowledge. Now that inflation is easing, the Fed may be poised to make another blunder by moving … Read more