Walk past any bank and you’ll likely see savings rates advertised in the window. That’s because, for the first time in many years, rates have climbed to 5% on some high-yield savings accounts. Much ...

Before responding to these questions, it is pertinent to highlight that inflation control by itself is an important objective ...

Overall PCE inflation was 2.3% year over year as of August 2024, with core PCE inflation at 2.7%. After soaring to 6.5% in 2022 and 3.7% in 2023, PCE inflation should post an annual average of 2.4% in ...

Inflation has been brutal over the past few years. After decades of running below 3%, starting early 2021, the Consumer Price Index increased rapidly as the economy opened back up after Covid-19 ...

Looking at the duration of Joe Biden’s presidency and using the standard measures for comparing inflation and wages, inflation has increased 19.3% since January 2021 while wages have risen 16.1%. When ...

Walk past any bank and you’ll likely see savings rates advertised in the window. That’s because, for the first time in many years, rates have climbed to 5% on some high-yield savings accounts. Much ...