Inflation was up and inventories down, but consumer spending kept GDP growing — albeit at a slower pace.

The new head of the National Economic Council on inflation, supply chains, jobs and post-SVB bank regulation.

Following a rash of strikes in the public sector, some British workers have settled their pay disputes, but more are taking further action. And the government is striking back.

The intensity of a coming economic slowdown will depend on how much banks tighten credit conditions, says Austan Goolsbee.

Many Houston residents spend well over 30% of their income on shelter. On top of that, transportation costs are a growing burden on commuters.

And grocery prices are fallling.

As seasonal businesses focus on inflation and new hires for the summer, the shadow of a possible recession looms in the background.

The March report shows inflation slowing overall and prices easing in some key areas (food) and not in others (services and shelter.)

Because a restaurant tab pays for more than just the food on the table.

Fed watchers pore over the document in minute detail in search of clues about future rate hikes.