Political events such as the re-election campaign of French President Emmanuel Macron will loom larger this year than inflation, write Larry Hatheway and Alex Friedman. Lucovic/AFP/Getty Images About the authors: Larry Hatheway and Alex Friedman are the co-founders of Jackson Hole Economics, and the former chief economist and chief investment officer, respectively, of UBS. As […]
Read MoreGetty Images When thinking about how much money to invest, it may be tempting to look at how much money you have, but you should also think about how much money you will need. While it’s not always a “fun” question to think about, ask yourself: “What are my goals and what am I trying […]
Read MoreInflation beaters: 10 reliable ways to stretch your money and fight soaring prices Thanks to COVID-19, shortages of goods and workers have pushed inflation to its highest levels in decades. And, today’s already eye-popping prices are expected to keep surging. The Federal Reserve is no longer suggesting high inflation will blow over soon, and various […]
Read MoreSurging prices are haunting consumers and confounding economic planners in the U.S. and other countries, but not in Japan, where sparking inflation has proven an elusive goal. While the Federal Reserve and most other central banks are shifting into inflation-fighting mode, the Bank of Japan on Friday said it would scale back corporate bond purchases […]
Read MoreGetty Images/iStockphoto U.S. inflation hit a 39-year high in November, according to government data, with consumer prices rising 6.8% in November, as compared to the same month in 2020. This is the fastest rise in consumer prices since 1982, and November was the sixth consecutive month that inflation was over 5%. These changes, no doubt, […]
Read MoreThe Federal Reserve building in Washington. Chip Somodevilla/Getty Images First strategy, next tactics. After its belated admission that inflation is proving more intransigent than transitory, the Federal Reserve, at its much-anticipated policy meeting that winds up Wednesday, should indicate how it will adjust its policy to restrain rising prices. That will likely consist of a […]
Read MoreThis morning, the U.S. Bureau of Labor Statistics released updated numbers for its inflation-tracking Consumer Price Index (CPI), showing U.S. inflation has hit a 6.8% annualized rate. That adds up to the highest year-over-year inflation rate since 1982, which is decidedly not great. Among other implications, the number is another nail in the coffin of […]
Read More(Bloomberg) — For many Americans, the sudden burst of inflation that has rocked the economy has been disorienting. Consumer prices had been so stable for so long in the U.S. that the population finds itself a little rusty on basic inflationary-era tactics. So for some advice, we turned to people who have become experts in […]
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