Inflation is the silent killer of wealth. Year after year, the purchasing power of your dollar (or pound or euro or yen) gradually erodes. My father was one of those “hide money under your mattress” type folks because he believed that was the best way to keep his cash safe.
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BING NEWS:
- Fed’s preferred inflation gauge shows price pressures stayed elevated last month
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden ...
04/26/2024 - 8:29 am | View Link - US Economy News Today: Fed's Preferred Inflation Measure Shows Stubborn Inflation Increasing
Today, the Federal Reserve's preferred measure of inflation showed inflation remained stubbornly high, with the annual tally up from last month.
04/26/2024 - 2:14 am | View Link - Slow growth, inflation deliver economic double whammy to kick off ‘24
Real gross domestic product increased at an annual rate of 1.6% in the first quarter of 2024, according to the “advance” estimate released by the Bureau of Economic Analysis, a decline from 2023′s ...
04/25/2024 - 11:15 am | View Link - The Inflation Plateau
America seemed to have licked the post-pandemic inflation surge for good. Then, in January, prices rose faster than expected. Probably just a blip. The same thing happened in February. Strange, but ...
04/25/2024 - 7:45 am | View Link - US economy slows in first quarter; inflation flares up
The U.S. economy grew at its slowest pace in nearly two years in the first quarter amid some moderation in consumer spending and a wider trade deficit, but an acceleration in inflation reinforced ...
04/25/2024 - 5:41 am | View Link - More
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