Fed is risking recession by hiking rates to reduce inflation. Can it?
The Federal Reserve is risking a recession by trying to curtail wage growth and inflation. Some economists say its impact on wages may be limited.
Source: usatoday.com
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Fed's rate moves put manufacturing sector at risk
Inflation and a slowdown in international demand threaten US manufacturing base. A looming recession and weaker manufacturing data has experts worried.
Source: foxbusiness.com
Sales in January up 3% for month
America’s consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years, underscoring the economy’s resilience in the face of higher prices and multiple interest rate increases by the Federal Reserve.
Source: arkansasonline.com
Strong U.S. job growth expected in January; wages seen cooling
U.S. job growth likely remained strong in January amid a persistently resilient labor market, but an anticipated further slowdown in wage gains should give the Federal Reserve some comfort in its...
Source: marketscreener.com
Strong U.S. Job Growth Expected In January; Wages Seen Cooling
U.S. job growth likely remained strong in January amid a persistently resilient labor market, but an anticipated further slowdown in wage gains should give the Federal Reserve some comfort in its
Source: ibtimes.com