US labor cost growth cooled in the fourth quarter from a year earlier, reassuring Federal Reserve policymakers wage pressures ...

The labor market is no longer a source of inflation pressures, but economists continue to watch the data closely.

Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in December 2024, the U.S. Bureau of Labor Statistics reported today. Wages and ...

Inflation is on track to 2%, but tariff uncertainty is high and the Fed is wary of moving rates until there is clarity ...

U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress ...

Stay informed with key economic indicators such as personal income, employment cost index, Chicago PMI, Baker-Hughes rig count, and farm prices.

As universally expected, the Federal Open Market Committee (FOMC) left its target range for the federal funds rate unchanged at 4.25%-4.50% on Wednesday. With inflation remaining stubbornly above ...

The wage and benefits costs that nursing homes and residential care facilities pay workers increased by 0.7% in the fourth quarter of 2024.

US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no ...

Cooling: U.S. labor cost growth cooled last quarter from a year earlier, reassuring Federal Reserve policymakers that wage pressures are gradually diminishing and no longer a key driver of inflation.