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The Fed’s forecasts are about to be updated after a summer full of positive economic data. What’s important about those new forecasts is what they say about...
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The rate of people quitting their jobs has fallen to pre-pandemic levels, the latest sign that workers are losing the advantage they’ve held in the labor market for the last two years.
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The Producer Price Index for final demand, a measure of wholesale prices, rose less than expected, showing relief from pressures that have pushed the cost of living upwards in recent years.
Top economists and money managers agree with traders that the Fed will hike interest rates this week, but many think it’s the wrong decision: CNBC Fed Survey.
Wall Street finally looks to be embracing the idea that the Fed will hike rates into restrictive territory and stay there.