Fed’s Preferred Inflation Gauge Falls Short Of Expectations In July, Personal Spending Accelerates

By: After three consecutive months of decline, the Federal Reserve’s preferred measure of inflation held steady in July, although it came in slightly below market forecasts. The Personal Consumption … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!

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How Inflation Breaks Our Brains

By Illustration: Women’s March on Versailles, October 5, 1789; public domainWhen Russian peasants set fire to hundreds of buildings in Moscow in 1648, the acute cause was a sharp rise in the price of salt. When they rioted again 12 years later, it was to protest a government policy that made copper money equal in value to…

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