February inflation remained relatively stable as slowing housing costs helped restrain core prices, but rising energy costs and the surge in oil prices following the Iran conflict threaten to push inflation higher in the months ahead. More
The labor market weakened in February as the U.S. lost 92,000 jobs and unemployment rose to 4.4%, raising concerns for the Fed as slowing hiring collides with rising energy prices. More
Consumers continue to increase their spending, even as incomes struggle to keep up with inflation. Inflation remains above the Fed’s target, leading policymakers to exercise caution about further rate cuts. More
Real GDP growth slowed to 1.4% in the fourth quarter, as government shutdowns and weak goods spending offset gains in health care and AI investment. Inflation edged up during the year. More