March consumer inflation expected to be the hottest since 1981
A customer selects food from a freezer at a supermarket on January 12, 2022 in New York City.Liao Pan | China News Service | Getty ImagesConsumer price inflation in March...
Consumer prices rose 8.5% in March, slightly hotter than expected and the highest since 1981
Prices that consumers pay for everyday items surged in March to their highest levels since the early days of the Reagan administration, according to Labor Department data released Tuesday.The consumer...
Producer Price Index March 2022:
The prices that goods and services producers receive rose in March at the fastest pace since records have been kept, the Bureau of Labor Statistics reported Wednesday.The producer price index,...
Fed’s Waller sees likelihood of multiple half-point rate hikes ahead
Getting inflation under control will require raising interest rates at a faster pace than normal even though the pace of price increases probably has peaked, Federal Reserve board member Christopher...
Retail sales rose 0.5% in March amid inflation jump; import prices hit 11-year high
Customers pushing shopping carts shop at a supermarket on April 12, 2022 in San Mateo County, California.Liu Guanguan | China News Service | Getty ImagesConsumers continued to spend in March...
Homebuilder sentiment drops for fourth straight month
A contractor uses a hammer while working on townhouse under construction at the PulteGroup Metro housing development in Milpitas, California.David Paul Morris | Bloomberg | Getty ImagesSharply rising mortgage rates...
U.S. housing starts unexpectedly rise in March; building permits increase
A contractor stacks roofing materials while working on a home under construction at the Toll Brothers Bowes Creek Country Club community in Elgin, Illinois.Daniel Acker | Bloomberg | Getty ImagesU.S....
Fed’s Bostic expresses caution about the pace of interest rate hikes
Atlanta Federal Reserve President Raphael Bostic on Tuesday expressed concern about the impact that rate hikes could have on the U.S. economic recovery, saying the central bank shouldn't move so...
Fed’s Daly says the economy can handle rate hikes, but a mild recession is possible
Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, November 12 2018.Ann Saphir |...
Weekly jobless claims:
Initial jobless claims last week were a bit higher than expected but still reflective of a labor market where employers are loathe to fire workers.First-time claims for benefits in the...