Tag Archives: interest rates

The Tariff Bomb

Posted on October 13, 2024 by Popular Economics Weekly

Financial FAQs Getty Now that Elon Musk, the world’s richest man, is doing all he can to elect Donald Trump as the next American President with his $Billions; because there are too many regulations (read environmental), which means he might … Continue reading →

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Full Speed Ahead Growth–Part II

Posted on October 10, 2024 by Popular Economics Weekly

Popular Economics Weekly The September Consumer Price Index (CPI) continued to decline, further evidence that the inflation battle has been won. All eyes are now on whether strong economic growth can continue with the labor market beginning to falter, which … Continue reading →

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US Growth Full Speed Ahead?

Posted on September 26, 2024 by Popular Economics Weekly

Popular Economics Weekly Any signs of a recession are declining. The U.S. economy is picking up speed in the BEA’s third and final revision of second quarter GDP growth. The U.S. economy has held the 3.0 percent growth rate, mostly due to strong consumer … Continue reading →

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Our Housing Problem

Posted on September 25, 2024 by Popular Economics Weekly

The Mortgage Corner We know we have a housing shortage, but not how to fix it. Politicos are finally beginning to take notice because of the damage that has been done—especially to working Americans who can no longer afford a … Continue reading →

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The Confused Consumer

Posted on September 24, 2024 by Popular Economics Weekly

Financial FAQs The Conference Board’s index of consumer confidence sank to 98.7 this month from a revised 105.6 in August the Conference Board said Tuesday. Consumer confidence dropped in September to near the bottom of the narrow range that has … Continue reading →

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Inflation Still in Decline

Posted on September 12, 2024 by Popular Economics Weekly

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 →

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U.S. Economy Has Landed

Posted on August 24, 2024 by Popular Economics Weekly

Popular Economics Weekly GETTY It’s about time. Fed Chairman Powell has finally admitted in so many words that the U.S. economy made a ‘soft landing’; economists’ term for inflation to have declined sufficiently that the Fed can begin to ease … Continue reading →

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Prices Are Falling!

Posted on July 11, 2024 by Popular Economics Weekly

Popular Economics Weekly Today could be historic for inflation watchers. It’s the first time since July 2022 that retail prices as measured by the U.S. Consumer Price Index (CPI) have declined. It will be history making and effect the financial … Continue reading →

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U.S. Economy Still Too Hot?

Posted on July 2, 2024 by Popular Economics Weekly

Financial FAQs The battle is intensifying between the Fed Governors’ inflation doves and hawks as we approach November. Chairman Powell says inflation is getting closer to the Fed’s 2 percent target when we enter the 3rd quarter 2024, but he’s … Continue reading →

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Whose Inflation Is Too High?

Posted on May 23, 2024 by Popular Economics Weekly

The Mortgage Corner Declining inflation has stalled in the first quarter, which is hurting prospects for any Fed rate cuts, and causing consumers to buy less. The inflation rate is currently stuck in the 3 percent range, though much lower … Continue reading →

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