Tag: inflation
Jun 22, 2026
The Federal Reserve, as part of its responsibility to safeguard the stability of the country’s financial system, has a targeted inflation rate of 2%. Its most visible tool for that purpose is increasing the federal funds interest rate when inflation is rising and...
Feb 16, 2026
Early last year, the drama around tariffs dominated news headlines, market predictions, and interactions between the US and our allies. Yet for most Americans, daily life went on with little obvious impact on prices for goods. At least not right away. The costs...
Oct 6, 2025
Have you ever been tempted to ignore a dripping faucet? Just a drop here and there doesn’t look like much, but leave it long enough and you’ve got water damage. Inflation works the same way. Ignoring it is like letting a faucet drip in the basement—easy to overlook...
Sep 30, 2024
The US has more millionaires now than ever before. According to Finmasters.com, data from the Credit Suisse Global Wealth Report shows that in 2023 there were just under 30 million millionaires in the US, an all-time high. Given our current population of approximately...
Sep 9, 2024
Just two years ago, inflation dominated economic discussions both in the media and at dinner tables. At its peak in June 2022, inflation soared to 9.1%, a figure that sent shockwaves through the economy and significantly dented President Biden’s approval ratings. By...
