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Inflation causes plenty of financial challenges when your income and savings buy less because everything costs more. But there are some situations where inflation can actually help your finances.
Inflation is now a services problem, with the cost of rent, insurance, pet care, and many other things rising by more than incomes. Inflation is now a services problem, with the cost of rent ...
People expect inflation to stay a lot higher than it probably will.
Everybody has a personal inflation gauge. And it’s not the official inflation rate. This is one reason gasoline prices are so important, even though gas only accounts for about 3% of the typical ...
The annual inflation rate for rent is 5.1%, still fairly high. But that’s down from a peak of 8.8% last year, and economists think rents will continue to moderate and in some cases decline.
The Federal Reserve described high inflation rates as transitory as recently as November, and while some analysts remain firmly seated on the ‘team transitory’ sidelines, the Fed has now ...
Services inflation is 5.2%, still well above the Fed’s target. During the last three years, the cost of all services combined rose by 18.3%, a bit more than incomes. Rent is the big one, with ...
The annual inflation rate for new cars hit 13.2% in April and has since dropped back to 9.4%—which is still high. But there’s been a more dramatic change in pricing for used cars, where year ...