U.S. Economy: Goods, Services Cost More; Mortgages Are Next


Manage episode 273766512 series 1248803
By Kathy Fettke: Real Wealth Network and Kathy Fettke - Real Wealth Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Official reports on consumer prices show that inflation is on the low side, but the true cost of living feels a little different. The cost of things that people are actually buying have risen sharply during the pandemic -- things like food, cleaning products, used cars, medical care, and real estate. Although the Fed feels that we’re likely to see an extended period of low inflation, some economists say “inflation is already here.” At least one financing expert is also predicting that this low mortgage rate bonanza is about to end. www.NewsForInvestors.com

986 episodes