Charted: US wage growth is in decline, here's why
US employers are spending less on wages, indicating a return to pre-pandemic trend. This is good news for inflation, but what does this mean for workers?
US employers are spending less on wages, indicating a return to pre-pandemic trend. This is good news for inflation, but what does this mean for workers?
The US Federal Reserve says it may soon slow the pace of its interest rate hikes following a slight easing of inflationary pressure in recent months.
The US dollar is up 14% against some of the world’s most traded currencies. This has led to interest rate hikes as countries try to boost their currencies.
New data shows how private sector wages have changed over the last 12 months, with implications for policymakers and efforts to tackle inflation.
US inflation hit a 40-year high of 8.5% in March, but food bills have have risen at a lower rate for people who keep animal products out of their diets.