by Safiyah Riddle | Mar 2, 2023 | Uncategorized
The Federal Reserve seems to be getting what it wants – for housing at least. Rising mortgage rates slowed home buying at the end of last year, driving down home prices nationwide. Seasonally adjusted housing prices fell 0.8% in December and were 2.7% below the peak...
by Jonnathan Pulla Velecela | Mar 1, 2023 | Uncategorized
Consumer Price Index inflation decreased to 6.4 percent on an annual basis. Inflation continued to slow on an annual basis in January, but it picked up on a monthly basis, which could lead the Fed to raise interest rates higher than previously expected. The...
by K. Jared Wright | May 12, 2021 | Uncategorized
When the Bureau of Labor Statistics releases the April consumer price index (CPI) report on Wednesday, May 12 at 8:30am, economists forecast a 0.2 percent increase in the overall CPI, which includes all indices, and even smaller gains in the core CPI, which exclude...
by K. Jared Wright | Apr 17, 2021 | Uncategorized
Consumer prices rose higher than expected in March, signifying that Americans are ready to put the pandemic in the rearview. The Consumer Price Index increased 0.6% in March, up from 0.4% in February, the Bureau of Labor Statistics reported Tuesday. The Core CPI,...
by K. Jared Wright | Mar 15, 2021 | Uncategorized
Prior to the release of February’s Consumer Price Index (CPI), many economists feared a spike in prices across all indices. As the end of the pandemic appears to be in sight, qualms over rising inflation coincide with the distribution of the first COVID-19...
