Inflation’s Last Mile Will Test the Fed

By The Federal Reserve’s difficult task suddenly looks even harder. The central bank’s goal has been to restrain demand enough to push inflation gently back to its 2% target without tipping the economy into a recession. Up to now, its strategy has worked well: Inflation has fallen sharply from its post-Covid peak and the economy…

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US unemployment would be higher if illegal immigration were counted correctly: Goldman Sachs

The Labor Department is understating the impact of illegal immigration on the U.S. job market, according to an analyst note from Goldman Sachs strategists. The Labor Department is understating the impact of illegal immigration on the U.S. job market, according to an analyst note from Goldman Sachs strategists. See the entire article on Arizona’s unemployment,…

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March’s PCE Inflation Expected To Support Later Interest Rate Cuts

By More From ForbesApr 22, 2024,10:27am EDTChina Market Update: China Technology’s Outperformance Vs. US Tech Since February Widens”,”scope”:{“topStory”:{“index”:2,”title”:”China Market Update: China Technology’s Outperformance Vs. US Tech Since February Widens”,”image”:”https://specials-images.forbesimg.com/imageserve/66266fef50ce7588a4b30ead/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Apr 22, 2024″,”hourMinute”:”10:13″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1713795224792},”uri”:”https://www.forbes.com/sites/brendanahern/2024/04/22/china-market-update-china-technologys-outperformance-vs-us-tech-since-february-widens/”}},”id”:”8lk3aaoa4ao000″},{“textContent”:”Apr 22, 2024,09:59am EDTThe Russell 2000’s Biggest Holding: Super Micro Computer. Price Charts”,”scope”:{“topStory”:{“index”:4,”title”:”The Russell 2000’s Biggest Holding: Super Micro Computer. Price Charts”,”image”:”https://specials-images.forbesimg.com/imageserve/64d2ec8b37a7bc2da1d9d11b/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Apr 22, 2024″,”hourMinute”:”08:12″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1713787951926},”uri”:”https://www.forbes.com/sites/johnnavin/2024/04/22/the-russell-2000s-biggest-holding-super-micro-computer-price-charts/”}},”id”:”4o08lp20gn6000″},{“textContent”:”Apr 21,…

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