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It’s a tale of two inflations: goods versus services.
Here’s a look at why American companies are making more money, and how they’re spending it.
Instead of displaying abundance of materials, ads are leaning into things like family time.
Despite global and domestic inflation, Japan’s central bank held interest rates near zero. But it’s just hinted that this policy will change.
Although they’re contending with inflation and economic uncertainty, they continue to rack up debt and burn through their savings.
The prominent economist Mohamed El-Erian said the Fed is still “behind the curve” on inflation.
Some signs are already flashing red. Job creation and consumer spending, though, are still chugging along.
There’s not much evidence to suggest that 2% leads to economic magic.
Though smaller than its previous three-quarter-point hikes, the move will further heighten the costs of many consumer and business loans.
Prices rose 7.1% in November compared to a year ago — less than expected.