US inflation

US Fed faces dual-mandate challenge amid a divided path forward

No clear policy prescription exists as policymakers balance sticky inflation against labour market risks

US households are going into the end of the year with weak income growth and bank balances that remain flat, after adjusting for inflation, according to the analysis.

Inflation drags US income growth to post-recession levels, risking weaker holiday spending

Older workers face earnings loss due to inflation, younger workers lack strong income gains

The Fed is, after a long government shutdown, finally receiving new official data, but so far it has not done much to resolve the division among policymakers.

US Fed fractures deepen as Barr signals inflation concern

Investors now see about a 40% probability of a rate cut at the December meeting, according to pricing in futures contracts

The order is part of a major push by Trump and his top officials to address Americans’ growing concerns about persistently high grocery prices.

Trump cuts tariffs on beef, coffee and other foods as inflation concerns mount

[WASHINGTON] US President Donald Trump on Friday (Nov 14) signed an executive order to exempt a wide range of food imports, including beef, tomatoes, coffee and bananas, from sweeping tariffs imposed ...

Prices are about 20 per cent higher on average for the American household than before the pandemic.

US cementing higher inflation regime

With most of the Fed’s top brass now focused on the labour market, it appears that many policymakers are not overly concerned about inflation

Households’ rising estimates for one-year ahead inflation are not being driven by expectations for higher prices for food and gas, as was the case during the pandemic.

US rising inflation expectations pose risk for the Fed: study

Consumers’ estimates of inflation have been rising this year as households digest the Trump administration’s aggressive trade policies and brace for higher prices on imported good

OpenBrand said its Consumer Price Index for durable and personal goods increased 0.58 per cent month on month after rising 0.45 per cent in August.

US consumer goods prices rise in September, Openbrand data shows

[WASHINGTON] Prices for long-lasting US consumer and personal goods increased in September, data from OpenBrand showed on Thursday (Oct 9), though the boost from import tariffs appeared to be fading.

US President Donald Trump and several administration officials have also pointed to recent data in their mounting calls for the Fed to lower rates immediately.

Fed minutes show caution over inflation even as officials cut rates

Federal funds futures contracts suggest investors see rate cuts likely in October and December

US payroll growth has softened considerably, to an average of only 29,000 jobs per month in the three months through August, compared with 82,000 during the same period in 2024.
THE BOTTOM LINE

How to explain 4% growth and no jobs

The answer may lie in artificial intelligence, but proving that will be a challenge