Powell & Co. want to see more “good data” on inflation before cutting interest rates. Plus, shelter costs and climate change pose risk to the Goldilocks scenario.
The short answer? You can never have enough data.
Housing costs rose 5.2% in June from a year earlier, pulling up the consumer price index.
The owner of a Baltimore warehouse and shipping company describes how the port’s closure and reopening has affected business.
High temperatures can lead to price spikes and headline inflation, a study finds. Sarah Kaplan of The Washington Post explains.
The decision is a win for tribal self-governance, but puts new pressure on the Indian Health Service’s already stretched federal budget.