Consumer Prices Make Largest Gains in Four Years, But Uncertainty Ahead
After years of slow growth, consumer prices in January rose at the quickest pace in four years, putting The Federal Reserve in the spotlight to raise interest rates soon. The consumer price index, which measures the fluctuations in costs for everything from wine to...
Strong Housing Starts in January, Builder Confidence High
Signaling optimism for the economy, housing starts were unexpectedly strong in January. Building permits led the way, suggesting future growth. Permits rose across the majority of the country, falling only in the West, a vital sign that builder confidence is up....