Contact Today! (213) 270-2235

Uncategorized

Inflation Accelerates:

January 2025 CPI Report Inflation unexpectedly picked up in January, complicating the Federal Reserve’s efforts to bring price increases under control. The Consumer Price Index (CPI) rose 3.0 percent year-over-year, up from 2.9 percent in December, while monthly inflation surged 0.5 percent—the largest one-month gain since August 2023. Core CPI, which excludes volatile food and...

Inflation Inches Down Closer to the Fed’s Target:

September CPI Report As we step into the final quarter of 2024, inflation data from September reflects a continued, albeit uneven, journey towards the Federal Reserve’s target of 2 percent. The Consumer Price Index (CPI) was up 2.4 percent on a yearly basis, down from 2.5 percent in August. The core inflation, a measure that excludes volatile food and energy prices, was 3.3 percent, up from...

Inflation Higher than Expected: January CPI Report

            The Consumer Price Index was up 3.1 percent over the year through January, down from 3.4 percent in December. However, the monthly inflation has not changed, it was 0.3 percent both in December and January. The core inflation, which strips volatile food and energy prices, was 3.9 percent in January – unchanged from December and a...

Fed Maintains Rates

FED MAINTAINS RATES, SIGNALS CAUTIOUS PIVOT TOWARD EASING: A Balancing Act in Uncertain Times The Federal Open Market Committee (FOMC) concluded its December meeting with a measured decision to hold interest rates steady, signaling a potential shift toward a more dovish stance in the face of economic headwinds. While the target range for the federal funds rate remains at 5.25% to 5.50%, this marks a...

Compare listings

Compare