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The Fed's path to a "Goldilocks" economy just got a little complicated

The Fed’s path to a “Goldilocks” economy just got a little complicated

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A ‘Help Wanted’ sign is displayed in a store window in Manhattan on December 02, 2022 in New York City. Spencer Platt | Getty Images As for the jobs reports, the November ones weren’t exactly what the Federal Reserve was looking for. A higher-than-expected payrolls number and a hot payroll reading that was double what …

The Fed’s path to a “Goldilocks” economy just got a little complicated Read More »

The key measure of inflation tracked by the Fed rose 0.2% in October, less than expected

The key measure of inflation tracked by the Fed rose 0.2% in October, less than expected

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Inflation rose in October roughly in line with estimates, sending a sign that price increases may at least level off, the Commerce Department reported Thursday. The Core Personal Consumption Expenditure Price Index, a gauge that excludes food and energy and is favored by the Federal Reserve, rose 0.2% for the month and 5% from last …

The key measure of inflation tracked by the Fed rose 0.2% in October, less than expected Read More »