But low unemployment and strong job growth have a downside: A robust job market can drive higher inflation, setting the Federal Reserve on a course to try to reduce it — which can mean a longer ...
Consumer expectations for inflation popped to their highest levels in more than a year, threatening to become unanchored on the heels of strong economic performance in recent months. Inflation ...
Federal Reserve officials have been saying for a few months that the labor market is not adding to inflation pressures. This continued after the big gain in wages seen in the February jobs data. The 0 ...