What will happen to home prices as interest rates are cut?

Lower interest rates typically energize the housing market. Read More

CBS News price tracker shows how much food, gas, utility and housing costs are rising

As consumers cope with lingering inflation, CBS News ... price tracker is based on data released by the U.S. Bureau of Labor Statistics for food, household goods and services and Zillow for rent ... Read More

Annual inflation rate drops to 2.4 percent, lowest since February 2021

Consumer prices rose slightly in September as the Federal Reserve prepared to cut interest rates and ease off the brakes of the U.S. economy. The consumer price index, a closely watched gauge of ... Read More

Will lower mortgage rates keep home prices high?

Housing experts say home affordability has gradually improved over the last couple of months, but it’s because of lower mortgage rates. Home prices ... has been a consumer news reporter for ... Read More

Fed's Favored Inflation Gauge Shows Cooling Price Pressures, Clearing Way for More Rate Cuts

Fed's Favored Inflation Gauge Shows Cooling Price Pressures, Clearing Way for More Rate ... consumer spending and business investment. Several individual barometers of the economy have been ... Read More

A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more

Americans and Federal Reserve officials have news to celebrate ... cutting interest rates. The Fed’s favorite inflation gauge, the Personal Consumption Expenditures price index, showed consumers ... Read More

Trump’s Plans Could Spur Inflation While Slowing Growth, Study Finds

Economists have been skeptical ... fruition, the study projected that by 2028 consumer prices would be as much as 28 percent higher than current forecasts, with the inflation rate peaking at ... Read More

‘Near-impossible task’: House deposits double in past 12 years

Money.com.au analysis shows the required ... task,” Money.com.au home loans analyst Mansour Soltani said. House values in Australia have far outpaced wages and inflation in the past decade. Read More

New inflation study shows where retirees are feeling pinched

The COVID-19 pandemic pushed inflation in the United ... incomes felt the impact of higher prices in both direct and indirect ways, according to a new study from the Society of Actuaries Research ... Read More

Inflation Hits Lowest Level Since Pandemic as Consumer Prices Stabilize

Inflation in the U.S. slows to lowest level since pandemic, with food and shelter costs driving monthly increase. Read More

Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts

Prices rose ... three years of excess inflation and high borrowing rates. The nation’s industrial production rebounded, too. The pace of single-family-home construction rose sharply from the pace a ... Read More