Online prices had been falling annually until the pandemic. Other holiday reveals: curbside pickup is here to stay.A significant portion of consumer inflation is still being driven by pandemic-driven mismatches between demand and supply. Used car costs rose 3.5% from November to December and have soared more than 37% compared with a year ago. With new car production restrained by shortages of semiconductors, consumers have snapped up used cars, forcing up their costs.
Those rate increases would likely increase borrowing costs for home and auto purchases as well as for business loans, potentially slowing the economy. The rate hikes also mark a sharp reversal in policy by Fed policymakers, who as recently as September had been split over whether to raise rates even once this year. The Fed is also rapidly ending its monthly bond purchases, which were intended to lower longer-term interest rates to encourage borrowing and spending.
Yet for now, the supply problems have persisted, and though there are signs that they are loosening in some industries, Powell acknowledged that progress has been limited. He noted that many cargo ships remain docked outside the port of Los Angeles and Long Beach, the nation’s largest, waiting to unload.
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You can think Jim crow
BareShelvesBiden
Almost had to take out a 2nd mortgage to get a loaf of f🤬 bread last week… when will it end or… is this THE end🤔
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Source: Forbes - 🏆 394. / 53 Read more »
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Source: WSJ - 🏆 98. / 63 Read more »
US Consumer Prices Soared 7% in Past Year, Most Since 1982Prices paid by U.S. consumer jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, gas, rent and other necessities are heightening the financial pressures on America’s households
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How often can you reuse KN95 or N95 masks — and how do you safely do it? What to knowHealth experts have recommended switching to N95 or KN95 face masks as the omicron coronavirus variant spreads throughout the United States. Wrong link It's just Greed. Prices don't Soar if you clip their greedy wings and not give into 'that's what it cost'. because it's Not. It's price gouging. American farmers are on Food Stamps. Gred is as much a problem as any mental health issue : Unaddressed and unresolved.
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Prince Charles Says Painting “Refreshes” His SoulThe royal's watercolors are currently on display at The Garrison Chapel in London, although he admits, “I am appalled by how bad they are.” Cool
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