While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...
High CD interest rates may remain high now that inflation's ticking up again. Here's what savers should consider.
The calculator can help you gauge whether or not it’s worth switching to a savings account or cash Isa offering a higher rate of interest. This is particularly important when inflation is high ...
The inflation rate remained above 3% in early 2024. Since early 2022, inflation has been the Federal Reserve’s primary economic challenge. To address this, the Federal Open Market Committee ...
Inflation rose 2.9% on an annual basis in December, which was slightly above the 2.8% rate that was forecasted by economists. This modest yet unexpected uptick comes on the heels of an uptick in ...
Meanwhile, an uptick in unemployment can have a silver lining: When inflation slows and jobless numbers increase, the Fed moves to lower interest rates, just as it did following its November ...
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