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The USDA anticipates high commodity prices and other factors will push U.S. farm income up nearly 14% for 2022 over last year.
The Federal Reserve is supposed to do both things. But Chair Jerome Powell said this week the Fed will keep raising interest rates to cool inflation, even if that pushes people out of work.
Inflation has dipped slightly, according to a key measure known as the PCE. But economists have their favorite indicators.
They don’t like the inflation rate, but they do like the current job market.
September data shows they were still higher than a year earlier, though.
Many buy now, pay later services began as a way to help people make big-ticket purchases. Now, it’s also a way to finance essentials.
Reports on inflation, consumer confidence and jobs will be consequential. We asked economists to point out the most important items.
A private company says it makes the bills with small amounts of gold in them. Interest in the currency has grown with inflation, some say.
Americans see this as a bad time to buy a home, according to a consumer sentiment survey from the University of Michigan.
The U.S. isn’t the only country with a central bank that’s hiking rates. Here’s how that’s affecting housing markets around the world.