Stories Tagged as
Inflation
Like the Fed, corporations also eagerly await economic data
by
Justin Ho
May 22, 2024
This year, bigger-than-expected inflation reports are playing a role in determining when companies decide to borrow money by issuing bonds.
Inflation and politics have always been connected
May 21, 2024
Rising costs have long been a concern for Americans. What's changed is how the government intervenes in prices, economist Carola Binder writes.
When assessing inflation, it's not just the data, it's also the narrative
May 17, 2024
The CBO data show purchasing power rising across all income groups, but the numbers reflect averages, and individuals' experiences vary.
Retail sales figures suggest consumers are pulling back
May 15, 2024
The latest figures, for April, suggest that rising prices, high interest rates and depleted pandemic savings may finally be weighing on spending.
Why isn't the cost of borrowing money included in the consumer price index?
May 15, 2024
Loans are a big cost, but they would muddle the data in the CPI. Fed rate hikes would essentially create inflation, despite their intention.
Consumers don't expect their incomes to grow as fast as prices
May 13, 2024
Consumers forecast inflation at 3.3% this time next year and are less confident that their earnings will rise as much as they had expected.
Gen Z is taking on more credit card debt
May 9, 2024
The credit bureau TransUnion is out with a report showing that borrowers aged 22 to 24 are carrying an average of $2,834 in credit card debt — about a quarter more than millennials in the same age range a decade ago.
For public good, not for profit.
AARP survey shows many older adults worry about financing retirement
May 6, 2024
More than 60% of people over 50 are worried they won’t have enough money to live on in retirement, which is more than last year, according to a recent survey from AARP.
As consumer sentiment survey is released, differences emerge at different wealth levels
Apr 26, 2024
Inflation continues to be a key factor but richer folks have greater protection from its effects.
U.S. GDP grew by 1.6% in the first quarter, slower than expected
Apr 25, 2024
This marks the end of a six-quarter streak of GDP growth of 2% or more. But the downshift might not be cause for worry just yet.