Inflation remains stubbornly above the Fed’s target, squeezing household finances, even as consumer spending and economic growth remain resilient. More

Inflation was lower than expected in December but remained above the Fed’s target, as food and shelter prices strained household budgets and gasoline prices helped offset costs. More

In 2025, the U.S. labor market lost momentum without contracting, as job growth slowed sharply, and unemployment edged higher. More

The U.S. economy grew a healthy 4.3% in the third quarter, fueled by consumer spending despite uneven income gains, rising inflation, and weakening sentiment. More