PAUL WISEMAN
Latest Articles
August Jobs Report Expected To Show Moderating Pace of Hiring as Fed’s Interest Rate Hikes Slow Economy
‘Make no mistake,’ one analyst says, ‘Demand is cooling off. … But it’s not a freefall.’
Consumer Inflation Edges Up in July After 12 Months of Declines
Consumer prices rose 3.2 percent from a year earlier, up from a 3 percent annual rise in June, the lowest rate in more than two years.
Signs of Softening Labor Market Emerge in Jobs Report, Suggesting Fed Could Pause Rate Hikes
Friday’s report from the Labor Department raises the possibility that inflationary pressures might be easing and that the Fed might soon decide to pause its rate hikes.
Key Inflation Measure Surges at Fastest Rate Since June
An alarming sign that price pressures are entrenched in the American economy and could lead the Fed to keep raising interest rates well into this year.
Wholesale Prices Reaccelerate in January
The increase from December was nearly twice the rise that economists had been expecting.
Slowing Economy Grows 2.9 Percent in Last Quarter of 2022
The resilience of the American job market has been a major surprise. Last year, employers added 4.5 million jobs, second only to the 6.7 million that were added in 2021 in government records going back to 1940.
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