By: Spending by the ever-reliable US consumer is about to fizzle out, according to a Bloomberg investor survey. Over half of respondents believe that personal consumption will shrink in early 2024. US households are having their savings depleted thanks to the highest borrowing costs in 22 years. Loading Something is loading. Thanks for signing up!…
By: You know, after the last Fed meeting, the Fed chair reiterated he and his colleagues are making decisions about raising interest rates based on the … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: Investors will now monitor data on durable goods and the personal consumption expenditures (PCE) price index for August, second-quarter GDP, and … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: The Mohave County Sheriff’s Office (MCSO) identified the victim as Ethan Aguilar of Kingman, Arizona. … Interest rates will stay high ‘as long as … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: Market focus now shifts towards the personal consumption expenditures … The California-based firm is spending about $150 million to speed up … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: … personal consumption expenditures price index, peaked in the summer of 2022 at 7% and had fallen to 3.3% this past July. With non-housing services … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
Economists predicted last year that the Federal Reserve jacking up interest rates to combat inflation would result in higher unemployment rates but that hasn’t happened. The central bank may be on … Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure – much higher…
As interest rates have surged, inflation has tumbled to 3.7%. Yet the unemployment rate, at a still-low 3.8%, has scarcely budged since March 2022. WASHINGTON (AP) — Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households. Yet the cure — much higher interest rates, to cool spending…
By The Fed may quickly subdue inflation, or it may fail. Here are some devices to protect your retirement savings in case of failure.By William Baldwin, Senior Contributor Inflation is here to stay for a while. At 3%, a moderately pessimistic estimate of where it will settle, it doubles the cost of living over 24…
By Comment on this storyCommentInflation has cooled down from a year ago, but that’s failing to allay the pain of Americans who are still paying up at gas pumps and grocery aisles.As a result, there’s a growing disconnect between policymakers, who point to cooling inflation indicators as a sign of progress, and people who are…