U.S. third-quarter wage gains largest since 2008

Oct 31 (Reuters) - - U.S. labor costs rose more than expected in the third quarter as wages recorded their largest gain since 2008, a sign that a long-awaited pick-up in wage growth was underway.

Fed's George says U.S. economy is ready for a rate hike: CNBC

(Reuters) - The time has come for the Federal Reserve to raise interest rates, a top U.S. central banker said on Thursday, citing improvements in the labor market.

Many U.S. families feel economic stress, few see wages rising: Fed

(Reuters) - A quarter of U.S. families feel they are under economic stress due to the aftershock of the Great Recession and most do not expect their wages to increase in the next year, according to a new Federal Reserve study released on Thursday.

U.S. producer prices fall, but inflation still seen firming

(Reuters) - U.S. producer prices fell in May after two month of solid gains, but the decline was not enough to change perceptions that inflation pressures are steadily creeping up.

Fed's Kocherlakota blasts new rate guidance

(Reuters) - The Federal Reserve should have promised to keep rates near zero until U.S. unemployment falls below 5.5 percent, as long as inflation and financial stability risks are contained, said the lone dissenter to the Fed's policy decision this week.

US growth falls short of forecasts, weakness ahead

WASHINGTON: The US economy regained speed in the first quarter, but not as much as expected, heightening fears it could struggle to cope with deep government spending cuts and higher taxes.

Jobs rut tips scales in favor of Fed stimulus

(Reuters) - The Federal Reserve looks set to launch a third round of bond purchases this week to try to drive borrowing costs lower and breathe more life into an economy that is not growing fast enough to lower unemployment.