Inflation | LA County Home Listings Blog

Wednesday, May 3, 2023   /   by Fahad Karamat

Fed's Rate Hike Finale? Banking Ballet, Inflation Tug-of-War, and the Future Tune of the U.S. Economy

Just when you thought the Fed's rate hike playlist had one more track, they might have just hit pause. The latest quarter percentage point hike brings relief and renewed uncertainty in an economy dancing to many tunes. Let's decipher the song sheet.

The Rate Hike Marathon and Its Finish Line

The Federal Reserve, with its 14-month rate-hiking spree, has nudged the benchmark rate to a zone of 5-5.25%. After ten encores at consecutive meetings, it's an anticipated act but now seems to be taking its final bow for a while.

Inflation's Cooling Groove

Last summer's scorching inflation seems to be on a cooling trend. However, don't pack away those fans yet. At double the central bank's 2% dream target, the mercury is still high, with March data swinging to a 4.2% YoY rise.

Economic Sectors: Feeling the Rate Beat

The Fed's rate rhythm has sectors like construction and manufacturing tapping their feet more slowly. The dance floor of consumer spending, bustling in Ja! ...

  inflation, interest rate, economy

Wednesday, April 12, 2023   /   by Fahad Karamat

Eggs-traordinary Times: U.S. Inflation Cools Down, But the Federal Reserve Isn't Scrambling Just Yet!

When it comes to U.S. inflation, it's not all about the Benjamins. Sometimes, it's about the eggs! Recent data paints a brighter picture of U.S. inflation, with egg prices playing a significant role. But will the Federal Reserve whisk things up with another interest rate hike?
A Dive into the Numbers
As they say, numbers never lie, and in March, the story they tell is one of cooling down. U.S. inflation saw its lowest level in nearly two years, with the consumer-price index ticking up by only 5% year-over-year. A welcome change, considering February's 6% ascent. This moderation was fueled by drops in grocery, gasoline, medical care, and utility costs, though frequent fliers and insurance hunters might still be feeling the pinch with high prices.
Peeling Back Layers: The Core Inflation Narrative
Strip away the volatile food and energy prices and you get core inflation. At 5.6% YoY in March, it's a subtle nudge up from February's 5.5%. Shelter costs are the main culprits behind; ...

  news, interest rate, fed, inflation

California Platinum Realty
Fahad Karamat
6303 Owensmouth Ave 10th Floor
Los Angeles, CA 91367
CA DRE # 02007521
NMLS # 1597279

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