Inflation Has Ticked Up in November
US inflation is reported to have risen slightly last month, but remained low overall according to data from the Labor Department.
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US inflation ticked up last month as some price pressures remain persistent
WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly ...
Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
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US consumer spending solid; inflation showing progress as year ends
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
Fed cuts interest rates a third time, points to inflation as challenge for 2025
The Fed lowered interest rates on Wednesday by a quarter point, while signaling a slower pace of cuts next year.
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Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
Moreover, data from the Bureau of Labor Statistics showed that year-over-year real average hourly earnings growth dropped for 25 consecutive months. Average hourly pay has outpaced inflation since ...
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US: Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
But what appeared to be a hot job market was actually a symptom — not the cause — of the recent bout of inflation, according to new research that explored the consequences of unexpected rising prices ...