Americans Spent Faster Than Their Incomes—Why the Next Inflation Report Matters
ECONOMY · HOUSEHOLD FINANCES Americans opened their wallets in August even as income growth slowed. The Bureau of Economic Analysis…
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Tag: Federal Reserve
The Fed Is Signaling More Rate Hikes—What Borrowers and Savers Should Do Now
FEDERAL RESERVE · HOUSEHOLD FINANCE The Federal Reserve’s September rate increase may not be the last. Governor Christopher Waller said…
Spending Jumped 0.9%—Income Rose Just 0.2%
ECONOMY, HOUSEHOLDS & MARKETS American consumers accelerated sharply in August. Personal consumption expenditures rose 0.9% from July, while personal income…
Gasoline Drove August Inflation Higher—Why Household Purchasing Power Still Slipped
INFLATION, ENERGY & HOUSEHOLD FINANCE August inflation accelerated at the consumer level, but the headline alone hides two different pressures.…