When a Federal Reserve committee meets Tuesday to consider the federal interest rate, it will likely revise its glum outlook into something brighter. But will it also acknowledge the U.S.’s growing inflation problem?
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The U.S. services sector is growing strong, providing additional evidence that the U.S. economy is recovering and might not need more stimulus funding. But that’s contingent upon oil staying below $120 per barrel.
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Despite a steady six-month rally, lots of investors still haven’t jumped back into equities. While plenty of official economic reports say things are getting better, these investors are following other signs — often closer to …
Inflation has inched higher in the past six months, but that’s not a danger sign, but rather a harbinger of improving economic conditions and a strengthening recovery. And that, in turn, should lead to higher wages and more hir…
Compiled by the Bureau of Labor Statistics, the ECI usually gets little attention from the general media. Here’s why it’s a statistic worth tracking: Its current tiny increases are helping keep inflation in check and allowing t…