plenty of economic data has come out since the federal reserve raised interest rates in march  much of the data has pointed to an economy thats strong though slowing inflation has been easing—just not as quickly as many analysts and investors would have liked here are some recent releases that the fed—and investors—have been watching wage growth remained elevated to start the year likely keeping the fed on track to raise rates today data on the employmentcost index showed that employers spent 12 more on wages and benefits in the first quarter from the prior three months the economy is growing but more slowly the latest data showed that us gross domestic product rose at an inflationand seasonally adjusted 11 annual rate in the first quarter inflation is sliding the last big reading showed that the consumer price index rose 01 in march from the prior month less than economists surveyed by the journal had forecasted