Economic Indicators

U.S. hiring stays strong, complicating Fed’s inflation fight

Economic Indicators

U.S. hiring stays strong, complicating Fed’s inflation fight

Jobless rate at 53-year-low of 3.7%, markets alarmed

By Christopher Rugaber, The Associated Press |December 2, 2022

5 min read

Unemployment rate drops slightly to 5.1% in November, labour market still hot

Economic Indicators

Unemployment rate drops slightly to 5.1% in November, labour market still hot

Employment up in finance, insurance

By Nojoud Al Mallees, The Canadian Press |December 2, 2022

3 min read

Inflation gauge tracked by Federal Reserve slows to still high 6%

Economic Indicators

Inflation gauge tracked by Federal Reserve slows to still high 6%

The monthly increase in consumer prices is the smallest since November 2021

By Paul Wiseman, The Associated Press |December 1, 2022

3 min read

Powell: Fed to keep rates higher for longer to cut inflation

Economic Indicators

Powell: Fed to keep rates higher for longer to cut inflation

A smaller December hike shouldn't be taken as a sign the Fed will let up on its inflation fight anytime soon

By Christopher Rugaber, The Associated Press |November 30, 2022

3 min read