Tag Archives: inflation
How The Fed’s Interest Rate Hikes Could Affect Your Finances – Heemang Parmar
[ad_1] NEW YORK (AP) — The Federal Reserve’s move Wednesday to raise its key rate by a half-point brought it to a range of 4.25% to 4.5%, the highest level in 14 years. The Fed’s latest increase — its seventh rate hike this year — will make it even costlier for consumers and businesses to…
Walmart, Target Kick Off Holiday Deals Early To Ease Inflation Sting – Heemang Parmar
[ad_1] NEW YORK (AP) — Walmart and Target plan to begin offering deals and price matching offers earlier this year to keep up with Americans pressed by soaring inflation and looking for ways to ease the potential sting of holiday shopping. For two years now, shoppers have started preparing for the holidays early but last…
The U.S. Is Still In For A Wild Economic Ride Despite Easing Inflation – Heemang Parmar
[ad_1] Consumers have been struggling with high inflation over the past year, with the Federal Reserve determined to rein in the economy. A combination of factors, including Russia’s war in Ukraine, supply chain disruptions as a result of COVID-19, and the strong labor market have all contributed to the inflation picture, Michael Gapen, head of…