Consumer Prices Continue Slow Rise In December
A surprise deceleration in core inflation, however, offers market a "glimmer of hope"
A surprise deceleration in core inflation, however, offers market a "glimmer of hope"
BLS forecasts 25-basis point cut later this month
Longest streak for adding 400,000 jobs in 82 years; unemployment rate nears pre-pandemic level
Total was below 2021 average, but topped expectations; unemployment rate remains at 4%.
The Fed faces a daunting task to control inflation amid the challenges presented by the pandemic.
U.S. added 194,000 jobs, well below the expected 500,000; unemployment rate falls to 4.8%
U.S. Economy Added Just 235,000 Jobs After Two-Month Surge