Inflation cooled off in December to 6.5%, but the Fed is likely to keep hiking interest rates

[ad_1] Price growth in the U.S. cooled in December as the economy continued to show signs of weakening. Inflation landed at 6.5% compared to the 12 months prior. The economy…

Labor Market Boom Cooled Some in 2022

[ad_1] U.S. employers added 4.5 million jobs last year, following 2021’s pandemic-rebound total of 6.7 million, as job creation continued to power the economy. [ad_2] Source link

U.S. Trade Deficit Narrowed Sharply in November as Global Demand Cooled

[ad_1] American imports fell more than exports amid high inflation and interest rates. [ad_2] Source link