Inflation

Housing inventory keeps rising as buyers are unwilling to pay high mortgage rates.

Cumulative and persistent above-trend inflation continues to impact U.S. households.

From inflation to natural disasters, it is becoming costlier to insure your home.

Shoppers are embracing the purchase of cheaper goods online after facing ‘months of persistent inflation,’ a report says.

‘I’m not ruling out potential interest-rate increases from here,’ Minneapolis Federal Reserve President Neel Kashkari said.

SNAP benefits ‘did not cover the cost of a modestly priced meal in 98 percent of U.S. counties last year,’ it found.

The biggest concern was price inflation, and the need to save much more than before to afford the same level of services.

A rate hike is ‘probably unnecessary,’ says Federal Reserve Governor Christopher Waller.

While the overall CPI rate eased down to 2.3 percent in April, the services inflation remained elevated and higher than expected by economists.

‘If we really want to reduce inflation, the most effective policy is to end the Federal Reserve.’

‘High inflation means high prices, high interest rates, high mortgage rates, and death for the American Dream,’ President Trump said.

Price inflation was cited as the top financial issue by 41 percent of upper-income groups in a Gallup survey.

Eating out less often, taking from 401(k)s, buying medication overseas, choosing cheaper products—Americans say they are feeling the pain of inflation.

A majority of American senior citizens are under financial strains, with many planning to cut down on essential spending due to lack of funds.

Shelter and gasoline prices added to inflation pressures in April.

Is this the future of Australia? Fat, flaccid, and foolish?