Consumer Price Index inflation has been slowing compared with a year ago, but the monthly figure picked back up in January.
Category: Interest Rates
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Inflation cooled annually, but the details are more worrying.
The New York Times – Business: -
When It’s Easy to Be a Landlord, No One Wants to Sell
The New York Times – Business:Locked in at historically low interest rates. Platforms that make managing rentals a breeze. Homeowners have little incentive to put a house on the market.
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Real Interest Rates Are Moving Up, but Don’t Celebrate Yet
The New York Times – Business:While markets are predicting that inflation will fall further, savings rates still aren’t keeping up with the prices we’re paying.
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U.K. Economy Sputters and Barely Avoids a Recession
The New York Times – Business:Economic growth was unchanged in the fourth quarter, and slow expansion is expected in the years ahead.
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As Biden Prepares to Tout Economy, Fed Chair Powell Takes a Cautious Tone
The New York Times – Business:The White House has embraced signs that the economy is strong. For the Fed, that strength could prolong its fight against inflation.
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For More Certainty in Your Retirement Portfolio, Consider Annuities
The New York Times – Business:Higher interest rates made annuities more attractive in 2022. Better quality products are increasingly available, but consumers still need to read the fine print.
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Strong hiring hints at more work ahead for the Fed, but wages cool.
The New York Times – Business:The Fed is tracking incoming labor figures as it decides how high interest rates need to go and how long they should stay elevated.
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U.S. employers added 517,000 jobs in January.
The New York Times – Business:The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
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U.S. employers added 517,000 jobs in January.
The New York Times – Business:The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
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Is It Time for a High-Yield Savings Account? What to Know About Rates.
The New York Times – Business:Some online banks offer yields of 3.3 percent or more, but savers may be reluctant to open one because they think it will be a hassle.
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European Central Bank Raises Rates Again
The New York Times – Business:Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them further.”
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La Fed aumentó su tasa de interés. Esto significa para tu dinero
The New York Times – Business:Los ahorradores se benefician y los deudores pueden esperar que sus deudas en tarjetas de crédito, préstamos estudiantiles y otros créditos aumenten.