Auto Added by WPeMatico

Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods

As the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about…

Continue ReadingSurvey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods

Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble

A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is…

Continue ReadingWeiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble

US Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike

While the conflict in Ukraine is a hot topic, fears of rising inflation continue to haunt Americans residing in the country, as economists and analysts note U.S. inflation will likely…

Continue ReadingUS Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike

St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges

Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per…

Continue ReadingSt. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges