Inflation made its presence felt in January while manufacturing output grew despite a decline in automobile production.
Energy and Shelter Prices Firmed as 2016 Wrapped Up: What We Learned During the Week of January 16 – 20
During the final days of 2016, consumer prices continued to firm while factory output increased.
The Fed Bumps Up Short-Term Rates, Forecasts 3 Rate Hikes in 2017: What We Learned During the Week of December 12 – 16
For only the 2nd time in a decade, the Federal Reserve raised its short-term interest rate target. Meanwhile, both manufacturing output and retail sales were a bit soft during November.
