Before the pandemic hit in 2020, the typical mortgage payment was under $900. Fast forward five years and that monthly payment has surged 106%. Here's a look at why.
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
The Fed made the right call in hitting pause this week. "I'm not sure that pausing is really all the bad for stocks in the ...
Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors ...
Back in 1925, a new house cost approximately $11,600, and rent averaged $75 per month, according to research by the Morris County Library. Adjusted to 2024 dollars, that equates to about $211,619 to ...
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
The nonpartisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...
ING is looking for three further cuts later this year, but a shaky jobs market and the prospect of lower services inflation risks pushing the BoE into more aggressive moves. Click to read.
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.