Survey: Economists See Two More Rate Hikes And No Cuts This Year
Economists' average forecast for the Fed's peak interest rate is 5.6 percent, reflecting a target range of 5.5-5.75 percent, the highest since 2001.
Source: bankrate.com
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Survey: Higher Inflation Could Persist Through At Least 2024
Economists are split on whether inflation will settle back in at the Fed’s preferred level of 2 percent by the end of 2024 or the end of 2025.
Source: bankrate.com
How To Budget During A Job Loss
With 33% of employed Americans worried about their job security, Bankrate has the latest on how to prepare in case you become unemployed.
Source: bankrate.com
Travel Inflation Statistics: Summer Airline Prices Expected To Be 11% Cheaper In 2023
Summer vacationers looking for relief on pricey airfares are in luck – peak airline ticket prices are unlikely to go over $350.
Source: bankrate.com
Survey: Inflation To Decelerate As Economy Slows
The majority of economists expect inflation will keep decelerating over the next 12 to 18 months, as supply chain bottlenecks improve — and higher rates slow consumer spending.
Source: bankrate.com