By: The Federal Reserve’s preferred measure of inflation showed prices once again rose at an unexpectedly brisk rate in March, marking another setback for rate-cut timing. The core Personal Consumption Expenditures Price Index rose 0.3% in March from the previous month and 2.8% year-over-year, according to the latest Bureau of Economic Analysis data released Friday….
By: Current interest rates, which are hovering … Arizona · Charleston, SC · Colorado · Columbia, SC … CHICAGO — Current interest rates, which are hovering … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: The steady U.S. personal consumption expenditures (PCE) price index suggests a potential delay in Fed rate cuts at least until September. In … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
The indictment of 18 people on charges of conspiring to overturn the 2020 election results in Arizona cites social media posts. The Briefing explains. Arizona Republicans documented via social media the process that has now resulted in felony charges against 18 people, accused of trying to overturn the results of the 2020 election in Arizona.The…
By: In the Fed’s preferred gauge, the personal consumption expenditures index, inflation rose to 2.7%, also more than expected. The Fed has kept … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: … interest rates still elevated. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 97 in … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: … Consumer Price Index and the Personal Consumption Expenditures Price Index. Each has its own basket, tracking the prices of certain goods and services … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: Wong Yu Liang/Getty Images The Federal Reserve is meeting today and tomorrow, but don’t expect a rate cut. Two years after the Fed began bumping interest rates, mortgage rates are staying high. Because inflation has proven to be sticky and far from the central bank’s 2% annual target, the Fed is likely to maintain…
The Michigan Unemployment Insurance Agency has agreed to a $55 million settlement after it demanded benefits back from workers during the COVID-19 pandemic. The Michigan Unemployment Insurance Agency has agreed to a $55 million settlement after it demanded benefits back from workers during the COVID-19 pandemic.The preliminary settlement reached April 25 resolves a class-action lawsuit…
By: Escalating home prices and interest rates leave some potential home buyers feeling hesitant about getting into the market. In Pima County, the … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.