By Wall Street’s newfound faith in a soft landing faces a big test later this week with an economic report that could paint a deceptively benign inflation picture. The consumer price index, a widely followed gauge of goods and services costs across the U.S. economy, is expected to show a 0.2% increase in July, according…
By: The Federal Return’s rapid increase of interest rates was the major contributor to the exit slowdown, according to Ghaddar. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: Headline and core personal consumption expenditures (PCE) inflation, … Consumers are spending and sentiment has been rising, but bills can pile … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: July 30, 2023 at 11:51 AMA version of this post first appeared on TKer.coStocks climbed last week with the S&P 500 rising 1.0% to close at 4,582.23. The index is now up 19.3% year to date, up 28.1% from its October 12 closing low of 3,577.03, and down 4.5% from its January 3, 2022…
By: In the second quarter, Personal Consumption Expenditures (PCE) inflation and core PCE inflation rose by 2.6% and 3.8%, respectively. See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: During their July meeting, the Federal Reserve raised interest rates by 25 basis points, and won’t meet again for the next few months. Bill Moore, … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
With Arizona’s primary election exactly one year away out from Sunday, Rep. Ruben Gallego, D-Ariz., is calling on President Joe Biden to do more to address extreme heat. PHOENIX — When President Joe Biden lands Monday in Grand Canyon Village, Arizona, Rep. Ruben Gallego, D-Ariz., intends to raise with him legislation he has introduced in…
By: … that higher interest rates would tip the United States into recession. … by River City Newspapers, LLC, (RCN) of Lake Havasu City, Arizona. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: … Reserve’s own staff have ditched their recession forecast altogether. … inflation as measured by the personal consumption expenditures index … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
Black workers saw their jobless rate fall to 5.8% in July, Labor Department data showed Friday. That’s down from 6.0% in June and lower than the 6.0% rate from the year-ago period. Hispanic workers’ … Black workers saw their jobless rate fall to 5.8% in July, Labor Department data showed Friday. That’s down from 6.0%…