U.S. Rental Market Trends in February 2023

The U.S. rental market is showing signs of cooling off, with a decline in the growth rate of apartment rents and an increase in rental discounts in select metro areas. This trend could help make housing more affordable for renters and ease the rise in overall inflation. However, the rental market is not operating in

Federal Reserve Urges Action on Inflation

Federal Reserve Bank of Richmond President Thomas Barkin recently expressed concerns about rising inflation in the United States, indicating that the central bank may need to raise interest rates to a higher level than previously anticipated. With inflation continuing to run too fast for comfort, Barkin believes that the Federal Reserve may need to take

Inflation Moderates in the US but Remains Elevated

Inflation Moderates in the US but Remains Elevated. The latest report from the Labor Department shows that US inflation moderated in January, but it still remains at historic highs. The consumer-price index (CPI), a closely watched measure of inflation, climbed 6.4% in January from a year earlier, down from 6.5% in December. This marked the

Stock Market Trends

Gains in the Stock Market as CPI Data Expectations Point to Lower Inflation

The stock market saw broad-based gains this week as it continued to recoup losses from the previous weeks. The S&P 500 index saw gains across various sectors, with energy being the biggest gainer in Monday’s trading. Traders were optimistic about the latest read on inflation, as the consumer-price index data released on Tuesday showed a