Consumer spending jumped in January, which was good news for retailers but could weigh on the Federal Reserve’s efforts to tame rapid inflation.
Tag: United States Economy
-
Inflation Cooled Just Slightly, With Worrying Details
Consumer Price Index inflation has been slowing compared with a year ago, but the monthly figure picked back up in January.
-
Biden Picks Lael Brainard to Lead National Economic Council
Lael Brainard, the Fed’s vice chair, will become a top economic adviser along with Jared Bernstein, who will head the Council of Economic Advisers.
-
When It’s Easy to Be a Landlord, No One Wants to Sell
Locked in at historically low interest rates. Platforms that make managing rentals a breeze. Homeowners have little incentive to put a house on the market.