Fed Officials Agree on Rate Hikes but Split on Pace
Federal Reserve policymakers broadly support raising interest rates to curb inflation, but divisions remain over how quickly to act.
Federal Reserve policymakers broadly support raising interest rates to curb inflation, but divisions remain over how quickly to act.
Consumer prices remain elevated, reinforcing expectations that the Federal Reserve will raise borrowing costs before year-end.
America's wealthiest decile has pulled further ahead financially, with median net worth climbing $800,000 over three years.
A stable labor market reinforces expectations the Federal Reserve will raise interest rates in December to combat inflation.
The Friday jobs report offered fresh data on US labor market conditions. Here are four factors analysts flagged as most significant.
Unemployment declined in October, underscoring continued resilience in the U.S. labor market despite inflation pressures and AI-driven disruption.
An automotive and defense manufacturer in Michigan reports a net benefit from President Trump's tariff policies, offering a ground-level view of trade impacts.
Analysis finds affluent, Democratic-leaning coastal households benefit disproportionately from Trump-era economic measures, despite not being the intended beneficiaries.
The bottom half of Americans has more than doubled net worth since 2019. Algorithmic feeds may be obscuring that economic progress.
Economists find AI spending generates broader economic gains than typical capital investment, rippling across industries and labor markets.