How accurate are the federal government's inflation measures?
The CPI and PCE aren't meant to be one-size-fits-all, so they can feel out of step with some consumers' experiences.
Source: marketplace.org
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National debt: Report finds U.S. debt higher than thought after warnings from Jamie Dimon, Larry Fink
Fed Chairman Jerome Powell, JPMorgan Chase CEO Jamie Dimon, and BlackRock CEO Larry Fink are all worried about U.S. debt—but the bill just keeps going up.
Source: fortune.com
Can the Federal Reserve Successfully Engineer a Soft Landing for the US Economy?
With US inflation rates trending downward toward the Federal Reserve’s target of 2 percent, how will the central bank respond? The effects of the interest-rate hikes it implemented over the past two years to stamp out inflation are still trickling through. Will the economy avoid a recession, have no landing at all or fall into recession?
Source: internationalbanker.com
A stadium is rising in Pawtucket. So are the costs to get it built.
According to a review of financial projections, the cost to pay off the state debt on the stadium could exceed $100 million over 30 years. That’s tens of millions of dollars more than similar estimates a year and a half ago.
Source: bostonglobe.com
The national debt just hit a record high. Does that affect the average American wallet?
The U.S. government’s gross national debt has surpassed $34 trillion, a new record. But how worried should you be about the country’s borrowing?
Source: yahoo.com