Tag: interest rates
Surging Inflation Puts Fed Rate Hike On The Horizon: Will Borrowing Costs Rise In 2024?
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Inflation on the Rise Data from the Bureau of Labor Statistics paints a concerning picture: key inflation indicators are pointing upwards. The Consumer Price Index (CPI), a measure of price changes for goods and services purchased by consumers, has increased by 3.2% over the past year. This signifies that the…