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Consumers want lower prices, but here's why deflation isn't good

Consumers want lower prices, but here's why deflation isn't good
marketplace.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketplace.org Daily Mail and Mail on Sunday newspapers.

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More People Than Ever Before Are Paying Over $1000 Monthly for New Cars

The share of new car owners spending $1,000 or more on monthly payments hit a new record. According to the automotive website Edmunds, the share increased to 17.9% in Q4 2023, up from 17.5% in Q3 and 15.7% in Q4 2022. Recent figures were also more heavily influenced by luxury sales compared to previous quarters.

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Venerated Voices™ 2023 Rankings

Venerated Voices™ 2023 Rankings
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How much can the Fed control financial conditions in the economy?

The Fed tries to influence financial conditions including the rise and fall of the bond markets or the cost of borrowing money.

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ANALYSIS: US Government Testing Limits of Ballooning Debt, Deficits

ANALYSIS: US Government Testing Limits of Ballooning Debt, Deficits
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Fed won't raise rates next week and hopes that they're done

The Federal Reserve will hold interest rates steady next week but Fed Chairman Jerome Powell will keep alive the possibility of a December hike.

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Fears for the US economy as fight in the Middle East threatens oil prices and shipping through the Suez Canal and Strait of Hormuz - as experts warn it could cause MORE inflation

Economists are watching closely the Israel-Hamas war, trying to understand how the conflict could impact oil prices, trade routes and markets.

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Middle East conflict adds new risks to global economy

Middle East conflict adds new risks to global economy
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Middle East conflict raises risks to global economic outlook

Conflict between Israel and the Iran-backed Hamas terror group could create a wider conflict in the Middle East that would increase risks to the global economy.

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Middle East conflict adds new risks to global economic outlook

The impact of the Israel-Hamas conflict on the global economy would depend on how long the conflict lasts, how intense it becomes, and whether it spreads to other parts of the region

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