Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.

Then-President Joe Biden claimed victory in 2023 when egg prices fell by 22%, after tripling during his first two years in office. But Biden left his successor, President Donald Trump, a poultry price fiasco.

Americans can continue to expect high prices for eggs this year, new estimates show, due to the ongoing avian flu outbreak and inflation.

LINCOLN — The largest labor union representing state government employees ... salary increases had to outpace inflation and increased insurance costs,” said Hubly. He said vacancy rates at state agencies remain high, and union members prioritized ...

U.S. labor costs rose marginally in the fourth quarter, offering some comfort to Federal Reserve officials after progress lowering inflation stalled at the end of 2024.

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and starts.

The newly approved Guidelines align Department of Labor-approved occupations with the needs of solar employers and provide a template that companies, educational institutions, associations, and labor unions can use to create high-quality apprenticeship programs.

The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.

The numbers: Wages and benefits for American workers continued to decelerate in the fourth quarter, the Labor Department said Friday. The employment cost index rose at a 3.8% clip in the 12 months ending in December, down slightly from a 3.9% rate in the prior quarter. It is the lowest year-over-year gain since the third quarter of 2021.

The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to government data published Friday, while underlying inflation was unchanged. While headline inflation has accelerated,

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures (PCE) price index rose 0.