2% target
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
U.S. employers hired more workers than expected in December while raising wages at a solid clip.
U.S. job growth accelerated in November while the unemployment rate fell to 3.7%.
The number of Americans filing new claims for unemployment benefits increased to a three-month high last week.