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Categories
Meta
Tag Archives: inflation rate
Bidenomics Works–Part II
Financial FAQs A large fraction of voters do suffer from economic illiteracy. Indeed, it is fair to say that an ample majority do not understand the basics of how markets work. They are especially confused about labor and international markets. … Continue reading
Will Housing Recover?
The Mortgage Corner Total existing-home sales[1] – completed transactions that include single-family homes, townhomes, condominiums and co-ops – improved 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November. Year-over-year, sales bounced 6.1% (up from 3.91 … Continue reading
Why the Inflation Problem?
Financial FAQs Most of us remember when a gallon of gas was less the $2, or a quart of milk less than $1, or housing was last affordable in the 1970s. I remember the inflation surges in housing. What happened? … Continue reading
Inflation Still in Decline
Popular Economics Weekly The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics. Over the last 12 months, the all items … Continue reading
Posted in Consumers, COVID-19, Economy, Housing, Politics, Weekly Financial News
Tagged consumer spending, CPI, Economy, Federal Reserve, GDP growth, housing construction, inflation, inflation rate, interest rates, investing, PPI
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Is Inflation Scare Over?
Financial FAQs BLS.gov Both the retail Consumer Price Index (CPI) and wholesale inflation index for raw materials—the Producer Price Index (PPI)—fell in July. Since the PPI feeds into retail prices, it’s a sure sign that inflation is on the wane. … Continue reading
Posted in Uncategorized
Tagged Federal Reserve, GDP growth, inflation rate, unemployment report
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Should The Fed Boost Inflation?
Financial FAQs FRED10yrInflation The Federal Reserve is so desperate to support growth in this pandemic that it wants to allow inflation to rise above its 2 percent target range. Why? Inflation and rising prices are usually a sign of economic … Continue reading
Posted in Consumers, Economy, Keynesian economics, Politics, Weekly Financial News
Tagged Federal Reserve, inflation rate, interest rates
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Why Irrational Exuberance In A Year of Living Dangerously?
Financial FAQs Wrightson.com We are now living in a much more dangerous world, because there is the possibility of war in the Middle East that is accompanying the various trade wars waged by the “Make America Great” White House. In … Continue reading
2020—A Year of Living Dangerously
Popular Economics Weekly FRED.gov There is plenty of speculation on the effects of killing Iran’s Quds Force General Qassem Suleimani. Of course the first question is how Iran will retaliate? But terrorist attacks by its proxies, such as by the … Continue reading
Posted in Economy, Politics, Uncategorized
Tagged economic growth, economic history, Great Recession, inflation rate, interest rates, Iraq
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What’s Happening To Interest Rates?
Popular Economics Weekly StLouisFRED The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis after being unchanged in September, the U.S. Bureau of Labor Statistics reported today. Over the last 12 … Continue reading
Posted in Consumers, Economy, Housing, housing market, Weekly Financial News
Tagged GDP growth, housing bubble, inflation rate, interest rates, mortgage rates
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What Happens When % Rates Go Even Lower?
The Mortgage Corner FRED The NAR’s pending home sales index was softer than expected in July, thereby reversing nearly all of its June increase. That left the index with a slight YOY decline of 0.3 percent. Those results probably mean … Continue reading