Rates ease as inflation gauge moves in the right direction

Mortgage rates have some room to come back down in June after PCE price index shows annual inflation easing to 2.65 percent in April, and Q1 2024 GDP growth revised downward to 1.3 percent. Continue reading

How changes to CPI may provide better rent inflation insights

A recent working paper by the Federal Reserve Bank of Cleveland explores a new way to measure rent in the CPI that could give earlier insight into the direction of consumer housing costs. Continue reading

What’s ahead economically for Q4 2023 and into 2024 and 2025?

Trainer and coach Bernice Ross talks to CEO and developer Patrick Stone about what’s next for the economy, both in the short and long terms. Continue reading