Economic Trends
What Rising Inflation Means for You: Fed’s Preferred Gauge Hits 2.3%
Inflation is a topic that affects everyone, whether you’re managing a household budget, planning a big purchase, or simply keeping an eye on your savings. The Federal Reserve’s preferred inflation measure, the personal consumption expenditures (PCE)
Household Debt and Income Trends
According to a recent report from the New York Fed, while total household debt continues to grow, incomes are rising even faster, making the overall burden on households lighter than it has been in years.
U.S. Debt and Economic Trends That Could Impact Your Mortgage Rates
The U.S. national debt has reached unprecedented levels, climbing to $34.8 trillion as of mid-2024, according to the Department of the Treasury.