White House drops new wage measurement as Fed ponders more rate hikes

Because non-housing services are more labor intensive than the other categories, some surmise that the tight labor market may be playing a meaningful role in this part of inflation,” CEA ... Read More

White House, Fed warn housing costs could impact inflation in 2025 - MSN

The White House recently released an update on housing inflation, noting that limited inventory is driving rising housing costs. Shelter inflation peaked at 8.3% in April 2023 but remains elevated ... Read More

Inflation hurts. But White House economists find that it’s even worse in every other G7 nation - CNN

White House spokesperson Michael Kikukawa disputed the notion that the CEA is messaging the Fed. “This blog compares inflation conditions across major, advanced economies. It is not about the ... Read More

White House eliminates permanent spot for news services in press pool

The wire services in the pool usually included the Associated Press, Bloomberg News and Reuters. Until recently, all three outlets were typically permitted to enter all White House pooled events. Read More

White House on grocery inflation: Slowing but still taking its toll

Grocery inflation continues to take a toll on Americans, but there is a sliver of good news. The White House published a blog post Wednesday on the current state of grocery prices. In the post ... Read More

New White House Wage Data Show Slowing Pressure on ‘Supercore’ Inflation - WSJ - The Wall Street Journal

New White House Wage Data Show Slowing Pressure on ‘Supercore’ Inflation The narrowed gauge tracks only wages linked to services excluding housing, food and energy By ... Read More

WATCH: White House holds briefing as consumer inflation continues to steadily lower | PBS News

WASHINGTON (AP) — The White House held a briefing amid news that consumer inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price ... Read More

Inflation Cooled in July, Welcome News for White House and Fed

Inflation cooled notably in July as gas prices and airfares fell, a welcome reprieve for consumers and a positive development for economic policymakers in Washington — though not yet a ... Read More

Biden Administration Wants a New Definition of Service Wages Without Housing - benefitspro.com

Biden Administration Wants a New Definition of Service Wages Without Housing. This additional measure, the White House argues, would better reflect actual wage growth and, ultimately, inflation. Read More