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Expect Higher-for-Longer Interest Rates, Fed’s Bostic Says
Barrons.com· 15 hours agoThe annual rate peaked at 8.9% in June 2022, the highest since 1981. “Given how high inflation was,...
What Causes Inflation?
GoBankingRates via AOL· 24 hours agoInflation has been one of the bugaboos of the post-pandemic era, increasing from 2.3% in December 2019, as measured by the Consumer Price Index, to 9.8%...
Why are Americans spending so much?
Vox· 6 days agoStimulus checks gave Americans newfound savings and excess money to burn. Consumers were expected to retreat as inflation skyrocketed, hitting a 9.1 percent peak in June & ...
3 Retail Stocks to Add to Your Cart in May
InvestorPlace· 22 hours agoThe U.S. retail sector, recognized as the world’s largest, has demonstrated remarkable resilience. This surge, fueled by $800 billion in stimulus checks and additional programs ...
Some Americans live in a parallel economy where everything is terrible
Yahoo Finance· 19 hours agoAll of that pushed energy prices higher, contributing to a big chunk of the soaring inflation in ...
624,000 stimulus money cards haven't been activated
Newsweek· 4 days agoIn California, 624,000 residents have not taken advantage of the inflation relief payments given out to all but the state's wealthiest residents....
Fed study offers new clues that help explain America’s gloomy mood
Yahoo Finance· 3 days agoCensus Department data shows the child poverty rate plunged to 5.2% in 2021 from 9.7% in 2020 — then...
$1 Billion in Tax Refunds Disappears Today If You Don't Claim It
CNET· 7 days agoAlmost 1 million people are about to lose their tax refunds from 2021 -- including a stimulus check in the form of the 2020 recovery rebate credit -- simply ...
Rent Is Harder to Handle and Inflation Is a Burden, a Fed Financial Survey Finds
New York Times· 3 days agoAmerican households struggled to cover some day-to-day expenses in 2023, including rent, and many...
The Inflation Vote
The New York Sun· 7 days ago‘So, you know — and — and thank you for the question, because I know that this — we got a lot of incoming on this yesterday and look, I — what the...