Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated. Source link
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America faces a familiar foe in its fight against inflation, with crude prices up more than 18% over the past month.…
Inflation and resentment are stoking heightened labor activism, with FedEx pilots rejecting a union-brokered deal. Source link
Employer demand for workers slipped slightly in June to its lowest level in more than two years. Source link
One reason the economy keeps humming: A huge chunk of consumer debt still carries low rates, including mortgages and auto…
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Officials remain concerned about whether wages and price growth can slow enough without an economic downturn. Source link
The FedNow payments network could take years to catch on. Source link