Inflation ticks up Inflation (as measured by PCE) has dropped a lot since peaking at 7% in June 2022. The market had expected inflation to keep easing. But the annualized rate of price growth INCREASED from +5.3% in December 2022 to +5.4% in January 2023.
Feb 25, 2023 |
Friday 2/24/23 8:38 AM : Headline PCE inflation for January increased by 0.6%, which was above estimates of 0.3%, and increased by 0.1% to 5.4% year over year, which was higher than expectations of 4.8%. Core PCE increased by 0.6% month over month, which
Feb 24, 2023 |
Daily News for the Week 2/13-2/17/23 (All posts are Eastern Standard Time) What to Look for This Week? After last week’s quiet economic calendar, this week brings crucial inflation, housing and manufacturing reports. We’ll get an update on inflation when
Feb 24, 2023 |
Mortgage Rates Trend Up February 23, 2023 The economy continues to show strength, and interest rates are repricing to account for the stronger than expected growth, tight labor market and the threat of sticky inflation. Our research shows that rate disper
Feb 23, 2023 |
How do I begin to build credit, even if I have no credit card or income? It is very difficult to be approved for a credit card, let alone one with favorable rates and benefits, without any previous use of credit. There are solutions, though, for students
Feb 22, 2023 |
When should I get Pre-approved? Anytime you are thinking about buying a home is time to get pre-approved. You never know if you can qualify until you have applied. Many people think they will qualify and they do not, and others think they will not and t
Feb 21, 2023 |