By: Grocery prices increased in December, contributing to the overall rise in inflation. (iStock) Consumer prices increased more than expected in December, driven by a continued uptick in shelter prices, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS). On an annual basis, prices rose 3.4% in December, up from 3.1% growth…
By: Based on the Fed’s preferred inflation gauge, the core Personal Consumption Expenditures Index, inflation is back to its 2% target when measured from … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: Kearney murder suspect arrested in Arizona · Woman arrested in Kearney … Here’s the latest on the country’s mortgage, auto, and interest rates. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By Consumer price data released Thursday showed Federal Reserve officials, the White House and American households that inflation continued to slow at the end of 2023, capping a year in which the price increases bedeviling families and policymakers cooled in earnest.Prices overall climbed more quickly in December than November on a yearly basis: 3.4 percent…
By: There are only two options, so the fixed- vs. adjustable-rate mortgage argument might seem easily settled. But since your home loan is likely to span decades — and because these rate types can drastically swing your repayment costs — your choice carries extra weight. With a fixed-rate mortgage, you know what your payments will…
Rates can vary from state to state.Unemployment is a significant economic indicator, and the unemployment rate can provide insight into the overall health of an economy. However, it’s important to note that unemployment rates can vary widely from state to state. Rates can vary from state to state.Unemployment is a significant economic indicator, and the…
By: 2023 was not an ideal time for homebuyers. With nagging inflation, the benchmark interest rate range landed between 5.25% and 5.50% — a 22-year high. Consequently, mortgage interest rates hit their highest point since 2000. And that benchmark rate hasn’t changed since July. See the full article on mortgage interest rates, or, read more…
By: … personal consumption expenditures price index minus food and energy — to 2.4% by December from 3.2% in November. Yet policymakers including Fed … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: After a year of record-high interest rates and challenges posed from limited inventory, Arizona REALTORS® are optimistic as they look ahead to a … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By On Thursday, the latest Consumer Price Index report for December will be released. Interactive Brokers Chief Strategist Steve Sosnick thinks there is an asymmetric risk to the report for investors.Sosnick tells Yahoo Finance Live that good news on inflation is already priced in. However, he doesn’t think that “an upside surprise in inflation is…