The rising cost of living doesn’t hit all Americans equally. Yet the benchmark figure for charting the rising cost of living excludes people in rural areas.
Homebuyers are receiving something of a holiday gift in falling mortgage costs.
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The cost of borrowing for a home has fallen in recent months, despite repeated increases of the benchmark interest rate. An economist explains the seeming paradox.
Staving off both recession and a financial crisis may take more than a hope and a prayer.
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The Fed raised interest rates the most in nearly three decades to fight stubborn inflation. A finance expert explains what’s happening, the risks and what it means for consumers.
Consumers are perhaps feeling inflation pain most at the pump.
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A bigger-than-expected jump in inflation means the Fed may have to get more aggressive about interest rate hikes. An obscure economic indicator suggests it has room to do so.
Fed Chair Jerome Powell has a tough job in bringing down inflation without killing the economy.
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The US central bank said surging inflation is guiding its decision about when to lift interest rates. Two experts on financial markets explain what might happen next.
Fed Chair Jerome Powell prepares for the end of the era of cheap money.
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The Federal Reserve decided to slow its pace of bond-buying, potentially the beginning of the end of a program that’s been supporting the economy since March 2020.
Prices tend to go up over time.
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