Fed’s Brainard sees progress on inflation fight
Inflation has declined in recent months, but the Federal Open Market Committee will likely need to continue pursuing a restrictive...
Economy
New York Fed: Household spending expectations decline
U.S. households expected to spend less in December than they did a year ago, but spending expectations were still well...
Consumer sentiment increases in January
Consumer Sentiment was 64.6 in January, according to the University of Michigan Consumer Sentiment Index. January’s figure was 4.9 points...
Inflation slowed to 6.5% in December
The Consumer Price Index declined 0.1% in December on a seasonally adjusted basis after rising 0.1% in November, according to...
Government report finds increased risks to U.S. financial stability
Multiple factors have increased overall risks to U.S. financial stability over the past year, although the banking sector “remained well...
The NFIB Small Business Optimism Index decreased 2.1 points in December, measuring 89.8.
A seasonally adjusted net 17.0% of owners plan to create new jobs in the next 3 months, down 1 point...
Consumer credit increases in November
Consumer credit increased at a seasonally adjusted annual rate of 7.1% in November and 6.9% in November. Total outstanding credit...
263,000 jobs added in December, unemployment rate at 3.5%
Total nonfarm payroll employment rose by 223,000 in December, according to the Bureau of Labor Statistics. Total unemployed persons declined...
ADP: 235,000 jobs gained in December
The non-farm private sector gained 235,000 jobs in December, according to the ADP National Employment Report. This follows a revised...
ISM: Service sector contracts in December
The ISM Services Index registered 49.6%; 6.9 percentage points lower than November’s reading of 56.5%. The composite index contracted for...
