The January reading of the consumer-price index is due at 8:30 a.m. ET. Economists expect the CPI increased 2.9% from a year ...
The current economic landscape shows a disappointing trend where inflation has risen faster than wages. This disparity impacts everyday Americans who now find their paychecks do not stretch as far as ...
Along with the consumer price index, the Bureau of Labor Statistics also released data on inflation-adjusted wage growth for January. Last month, real average hourly earnings for all employees ...
Meantime, average hourly earnings rose to $35.69. With that in mind, check out this chart showing how prices and wages—a key driver of inflation—have moved since 2022: ...