Latest News Updates From Matthew Boesler

Government, Business

Inflation Slows, Boosting Hopes for Deeper Rate Cuts in 2025

The so-called core personal consumption expenditures price index, which excludes food and energy items, increased 0.1% from October and 2.8% from a year earlier.

December 20, 2024
Government, Business

Factory Output Rises Slightly, Limited by Auto Production

Production at U.S. factories barely rose in August as a drop in motor vehicle assemblies masked a rebound in output of other consumer goods and business equipment.

September 15, 2023
Government, Business

Powell Again Warns of Weak US Recovery Without Enough Aid

Federal Reserve Chair Jerome Powell warned of a weak U.S. recovery without sufficient government aid and said providing too much stimulus wouldn’t be a problem.

October 6, 2020
Government, Business

Shipping Costs Surge, but Driver Pay Lags, Labor Data Shows

It’s the talk of corporate America: Shipping costs are surging.

August 9, 2018
Business

Many Americans Missing Solid Job Market’s Bounty, Fed Poll Shows

Many U.S. households remain in a precarious financial position despite unemployment falling to the lowest level in years, a new Federal Reserve survey shows.

May 22, 2018
Government, Business

Fed Economists Say Tariffs More Likely to Kill Than Create Jobs

U.S. President Donald Trump may hope his tariffs on imported steel and aluminum will create new jobs, or at least protect existing ones. Researchers at the Federal Reserve Bank of New York said the opposite outcome was more likely.

April 19, 2018
Business

Consumers See Higher Wage Growth, Inflation in Fed Survey

U.S. consumer expectations for wage growth rose in December to the highest level in three years, according to a Federal Reserve Bank of New York survey.

January 16, 2018