Weekly Update 8/25/2023: Fed Chair Powell Delivers Jackson Hole Speech
US job growth was probably less robust in the year through March than previously reported, according to government data released Wednesday.
US job growth was probably less robust in the year through March than previously reported, according to government data released Wednesday.
The consumer price index (CPI) was released today by the Bureau of Labor Statistics (BLS). It showed the smallest back-to-back increase in the past two years in the core measure which excludes the more volatile food and energy categories.
US business activity expanded in early July at the slowest pace in five months as services growth moderated.
Retail Sales - Headline retail sales rose a modest 0.2% in June versus an upwardly revised 0.5% in May
The Federal Reserve's preferred measures of US inflation cooled in May as consumer spending moderated...
The US labor market sent conflicting signals in May as payrolls surged along with joblessness, giving Federal Reserve officials more reason to pause interest-rate hikes.