JEANNA SMIALEK

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A Key Measure of Wages Grew at a Moderate Pace This Summer

The Employment Cost Index, which Federal Reserve officials watch closely as a gauge of pay trends, has come down since last year.

What to Watch for as the Federal Reserve Meets This Week

Central bankers are expected to leave interest rates steady at a 22-year high of 5.25 to 5.5 percent. Investors are looking for hints at what’s...

Inflation Held Steady in September, While Consumers Spent Robustly

Overall inflation stayed at 3.4 percent in September, down from a peak of around 7 percent.

New Normal or No Normal? How Economists Got It Wrong for 3 Years.

Economists first underestimated inflation, then underestimated consumers and the labor market. The key question is why.

Powell Says Strong Economic Data ‘Could Warrant’ Higher Rates

The Federal Reserve may need to do more if growth remains hot or if the labor market stops cooling, Jerome H. Powell said in a...

Inflation Slowdown Remains Bumpy, September Consumer Price Data Shows

Prices are rising at a pace that is much less rapid than in 2022, but signs of stalling progress are likely to keep Federal Reserve...

Federal Reserve Officials Were Cautious in September

Minutes from their last meeting showed that Fed officials saw risks of doing too much — or too little — to tame inflation.

Claudia Goldin Wins Nobel in Economics for Studying Women in the Work Force

Her research uncovered the reasons for differences in labor force participation and earnings for women. She is the third woman to win the economics Nobel.

Jobs Gains Surge, Troubling News for the Federal Reserve

Federal Reserve officials are happy when the labor market looks strong, but they are trying to cool the economy down to fully wrangle inflation.

Inflation Measure Favored by the Fed Cooled in August

The Personal Consumption Expenditures Index climbed more slowly, after cutting out food and fuel prices for a sense of the underlying trend.
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