Consumer prices for healthcare have rarely risen faster than the rate of inflation—but that’s what’s happening today. The impact of inflation on the broader economy has caused healthcare costs to rise faster than the rate of inflation. Experts also expect continued labor shortages in healthca...
COVID has amplified the shocks to the CFA economies. For the last decade, overall macroeconomic performance of the zone has resulted in lower growth over a longer period than in the non-CFA economies in Africa, but also lower inflation.The CFA Franc Zone...
“Some of the inflation we’re experiencing in rent was actually happening 12 to 18 months ago, but it’s only now filtering through the official series,” Mehrotra said. Housing is a smaller input in the Fed’s preferred measure of inflation, PCE, though, making up less than 20% of th...
“Investors today are coming to the scary realization this economic Armageddon Trump tariff policy is really going to be implemented this week,” Wedbush analyst Dan Ives wrote in a report on Monday. Advertisement Maintaining the vast menu of tariffs heightened the risk that inflation will take off...
There are ways Russia can try to bypass the effects of sanctions, for example by using alternative international payment systems to SWIFT and drawing on its reserves - although additional sanctions are being taken on reserve funds to stop this from happening. ...
Meanwhile, Syria's Oil Ministry said that efforts are also underway to restart refineries with anticipated shipments of crude oil. Still, battered infrastructure, inflation, and ongoing sanctions hinder a swift recovery. ROAD AHEAD Rebuilding social cohesion is believed to be the most critical challeng...
For the third consecutive year, the 2023 Legatum Prosperity Index finds that prosperity continues to plateau around the world, with the primary reason being a general trend towards the deterioration of institutions and democratic processes. This year, we find the following: ...
a number of recent economic hurdles — like rising consumer goods costscaused by inflation— have left many people's budgets stretched thin. In turn, many people are relying on their credit cards to cover the gaps. That's happening at a time when the average card rateis hovering near 23%...
This is the year you're finally getting married. Either you've postponed your wedding due to COVID or you got engaged during the pandemic. Within the unknown, you've endured and cautiously awaited your celebration–which is happening.According to our data, a whopping 2.6 million couples will...
What is happening with the Child Tax Credit? Right now, there is a deal to expand the Child Tax Credit (CTC), which includes the possibility of making some changes retroactive to 2023 — the tax year that people are currently filing for. ...