Jobless claims remain historically low amid Fed's efforts to slow wage growth

Feb 9, 2023
What does this mean for their anti-inflation strategy?
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on Feb. 1, 2023 in Washington, DC.
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We want your “shrinkflation” stories

Feb 8, 2023
It’s a sneaky tactic to hide inflation: reduce a product’s size, but not its price.
Packages of 4.5 ounce Chobani Flips, that were previously 5.3 ounces, are displayed on a shelf at Target. Some companies are using a tactic known as "shrinkflation," where the product gets smaller, but the price stays the same.
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How fast-food chains are buffeted and buoyed by inflation

Feb 2, 2023
Many have higher expenses and are raising prices, but more consumers now have a taste for their relatively inexpensive meals.
Sales at fast-food chain Subway surged last year. But it’s by no means boom times for the industry.
Brandon Bell/Getty Images)

Wage growth is slowing down. But is there an upside for workers?

Jan 31, 2023
Wages increased 1% in Q4. Inflation is also slowing. All that could impact whether — and by how much — the Fed hikes interest rates.
Wage growth slowed to 1% in Q4, but inflation has been slowing too.
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How much have prices increased over the past year? It depends on where you live.

Jan 30, 2023
Inflation's been running hotter in areas that people have been moving into — and cooler where they're moving out.
According to the Bureau of Labor Statistics, prices in Miami, seen above, have ticked up more than 10%. Housing costs are partially to blame.
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Spending on services is starting to taper off, U.S. data indicates

Jan 27, 2023
Until recently, consumers had been spending less on goods and more on services. That's changing. Here's what it could mean for inflation.
While consumer appetite to travel remains strong, more people are opting to drive rather than fly.
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New index gets a "more real-time view" of rent inflation

Jan 26, 2023
Housing is one of the biggest parts of inflation, but current metrics lag by about a year. The new tenant repeat rent index aims to change that.
A new index measures rent inflation by tracking new leases.
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For public good, not for profit.

What the Federal Reserve's favorite inflation measure can tell us

Jan 25, 2023
The personal consumption expenditures price index, better known as the PCE, tracks what we paid for goods and services in the previous month.
The PCE give less weight to consumer staples like gasoline than the consumer price index does.
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Commercial lending is a mixed bag across the country, bankers say

Jan 24, 2023
In Southern California and South Carolina, businesses are looking for loans. But in the Midwest, owners are hesitant to borrow.
Banks across the country are reporting mixed lending activity, with some businesses borrowing to expand office space or buy new real estate.
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How much should interest rates keep rising? Fed officials now disagree

Jan 23, 2023
Some officials want a 0.75% rate hike at the next meeting. Others think a 0.5% increase is enough.
High-profile officials in the Federal Reserve System have offered differing attitudes toward future rate hikes following data that suggest a recent moderating of inflation.
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