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Chairman Bernanke Faces Questions on Inflation
Federal Reserve Chairman Ben Bernanke will deliver his semi-annual report later this week. The Chairman is expected to face extensive questioning over fears surrounding inflation in the US economy in addition to the stubborn unemployment rate. The Republicans...
United States (Feb 28th, 11)
Goods and Services Price Split Keeping Inflation in Check
The Wall Street Journal reports that the disparity in prices of goods and services could keep inflationary pressures down. Broadly, prices for goods and services were up 1.6 percent in the past month in comparison to the year before. However, a dichotomy has e...
United States (Feb 17th, 11)
Mortgage Rates in 2010
To understand mortgage rates and where they may be headed in 2010 it may be useful to discuss how mortgages are financed. Mortgages are “originated” by mortgage brokers, mortgage bankers, commercial banks, savings and loans and others. Thes...
Real Estate (Feb 1st, 10)
Why Inflation is Important in money management
Most people go about their daily lives without a basic understanding of the 'hidden tax' of inflation, which probably does more to eat away at their money than any other force. Monetary policies of central banks around the world, especially the Federal Reserv...
Investing (Nov 19th, 09)
New Federal Reserve Rule and Managing Your Bank Accounts
The Federal Reserve, as expected, has instituted a new rule which will make banks get the consent of account owners before charging overdraft fees when they make transactions beyond what they have in their account.  Many consumers have been outraged that ...
Banking (Nov 13th, 09)