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New York Rents Reach Record Highs Despite Moderating Nationwide

by James Van Bramer | May 20, 2023 | Featured, Personal Income

Kat Logan moved into a spacious studio apartment in Gramercy Park in 2018 for $2,500. During the pandemic, her rent held steady. Now, Logan is considering leaving New York City because of skyrocketing rents. “There’s this thought at the back of my mind...

Inflation, Wages Could Ease Before the Fed’s Meeting: Five Things to Consider in Personal Income Report

by James Van Bramer | Apr 28, 2023 | Featured, Personal Income

Economists predict a slight decrease in Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred measure of inflation, and a modest dip in consumer spending, in March’s personal income report set for release Friday. The predicted slowdowns...
Younger Borrowers Are Grappling with Short Term Debts, the Restart of Student Loan Payments Could  Provide an Additional Challenge

Younger Borrowers Are Grappling with Short Term Debts, the Restart of Student Loan Payments Could Provide an Additional Challenge

by James Van Bramer | Apr 5, 2023 | Featured, Personal Income

Young people are already struggling financially, and the potential restart of student loan payments could make their road ahead even bumpier. While American households overall have emerged from the pandemic in strong financial shape, with plenty of savings and little...

Consumer Spending Eases, as Signs of a Slowing Economy Starts to Show

by James Van Bramer | Apr 2, 2023 | Personal Income

American households’ spending cooled significantly in February after having the largest one-month gain in nearly two years in January, offering possible signs of a slowing economy as the Federal Reserve continues to pounce on inflation through interest rate...

Inflation is Speeding Back Up, A Worrying Sign for the Fed

by James Van Bramer | Mar 1, 2023 | Personal Income

Inflation sped back up after a period of slowing at the end of last year, dealing a blow to the Federal Reserve, which will likely continue to raise interest rates this year in its quest to tame inflation.   The Personal Consumption Expenditures price index, the Fed’s...

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