US inflation rebounds and stays at 40-year excessive, key value gauge reveals

The numbers: A key measure of US inflation surged 1% in June, led by higher fuel prices, suggesting that price pressures in the economy remain acute and are unlikely to ease quickly. The rise in the so-called personal consumption expenditures price index has exceeded Wall Street forecasts. Economists had predicted a 0.9% increase. A narrower … Read more

Client Value Index CPI reveals US inflation rises to new 41-year excessive of 9.1% as fuel costs rise

The numbers: Rising gasoline prices last month pushed the US inflation rate to a near 41-year high of 9.1%, offering early hope of help for Americans suffering from high costs of living. The consumer price index rose 1.3% last month to mark the third time in the past four months it topped 1%. Economists polled … Read more

I am the chief economist for a $5 billion actual property possession and information firm. Listed here are 5 issues it’s essential to know concerning the present housing market

Mark Fleming Housing is becoming increasingly affordable for millions of Americans – with home prices and mortgage rates continuing to rise (See the lowest price you can qualify for right now here). So – as part of ours series where we ask prominent economists and real estate experts about their performance in the housing market … Read more