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US inflation eases but stays high, putting Fed in tough spot
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Mark Paul Cervantes
Financial Markets, Inflation, Top News, U.S. Market
Comments Off on US inflation eases but stays high, putting Fed in tough spot
WASHINGTON (AP) — U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for […]
Why is UK inflation higher than US and Germany?
May 25, 2023
Mark Paul Cervantes
Inflation, International, Top News, U.S. Market
Comments Off on Why is UK inflation higher than US and Germany?
It was only on Tuesday that in an otherwise upbeat assessment of the UK economy, the International Monetary Fund warned of “premature celebration” of sharp falls in the main rate of inflation. There are two […]
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February 24, 2023
Mark Paul Cervantes
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Comments Off on U.S. Housing Bubble Downfall Continues: Purchase Mortgage Applications At 28-Year Low
After one of the largest speculative bubbles in history during the pandemic, the US housing market is now slowly tanking. Median home prices in the United States had risen about 45% in two years from […]