Inflation has been working hard in the US, but wages are working harder.
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
The employment cost index (ECI), the broadest measure of labor costs, gained 0.9% last quarter after rising 0.8% in the third quarter, the Labor Department's Bureau of Labor Statistics said on Friday.
US labor cost growth cooled in the fourth quarter ... and no longer a key driver of inflation. The employment cost index, which tracks changes in wages and benefits, increased 3.8% from the ...
The employment cost index (ECI), the broadest measure of labor costs, gained 0.9% last quarter ... Matterscategory Frigid temperatures chill US single-family homebuilding; tariffs a potential ...
Inflation's recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
DAX rises, but auto stocks tumble on earnings and trade fears. Will US labor data and ECB rate signals drive the next move?
WASHINGTON (Reuters) - U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024. The ...