by Carlos Garcia | Apr 25, 2024 | Economy
(Credit: Getty Images) The Personal Income indicator, released by the government’s Bureau of Economic Analysis, comes out tomorrow, Friday April 26th. In it, there will be data about inflation and consumer spending, which could affect when the Federal Reserve cuts or...
by Carlos Garcia | Apr 1, 2024 | Economy, Featured
In poll after poll, Americans say they feel bad about the economy. Yet they are gambling like they have excess money to spend. Consumer sentiment reached a record low in July 2022, and while it has improved somewhat since then, it is still nowhere near its...
by Carlos Garcia | Apr 1, 2024 | Economy
Inflation continued to ease in February but is still above the Fed’s target to cut interest rates. Consumer prices, as measured by the Personal Consumption Expenditures Index, rose 2.5% since last year. Core prices, which excludes food and energy, increased at a...
by Carlos Garcia | Mar 8, 2024 | Economy, Featured
Jerome Powell Photographer: Al Drago/Bloomberg Inflation picked up slightly in January, which could make it more likely that Jerome Powell and the Federal Reserve will wait until at least the summer to cut interest rates. The Personal Consumption Expenditures Price...
