The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than previously believed.
The immediate question confronting Federal Reserve officials, led by Kevin M. Warsh, is how quickly they need to deliver additional rate increases in order to firm their grip on inflation.
Nearly a century ago, Keynes predicted that technology would liberate us from work. To imagine what he would think of artificial intelligence today, a Princeton economist used A.I.