The Federal Reserve has spent the past decade coaxing a recession-torn US economy back to health. They’ve had resounding success in slashing unemployment, yet wage growth and inflation have remained stubbornly slow – keeping victory at bay.
The week ahead could finally clinch it.
Data released over the next nine days could show both accelerating prices and pay, like pieces of a data puzzle clicking into place. Other major economic headlines will bring key news for the central bank, from a Treasury refunding to bellwether earnings reports. Here’s what to watch as the Fed closes in on a milestone that will make