Key pay and inflation gauges have stayed stubbornly high as Federal Reserve officials consider when to stop raising interest rates.
Tag: Federal Reserve System
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Wages Continue to Grow, Good for Workers but a Worry for the Fed
Wages and salaries for workers rose 5.1 percent from a year earlier, which helps employees keep up with the rising cost of living but complicates the Federal Reserve’s efforts to tamp down inflation.
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Wages and Prices Could Show a Cool-Down Before a Fed Meeting
Key wage and inflation gauges released on Friday are expected to moderate, which may give Federal Reserve officials comfort as they consider when to stop raising rates.
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G.D.P. Report: What to Look For
U.S. economic data on Thursday morning is expected to show that the year opened with the third straight quarterly expansion in gross domestic product.