2023 PCE Report: Fed's Preferred Inflation Gauge Cools in February In February 2023, the Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve's preferred measure of inflation, showed signs of cooling, offering a glimmer of hope for easing inflationary pressures. The...
Understanding the Five Types of Inflation Inflation often makes headlines, but many people don’t realize that it comes in different forms, each with its unique causes and implications. Understanding these variations can help individuals and policymakers better navigate economic conditions....
What Will Cause the Next Recession? Insights from Michelle Meyer on Elevated Risks As discussions around economic stability intensify, Michelle Meyer, an esteemed economist and chief economist for North America at Mastercard, offers critical insights into potential triggers for the next...
Huge Changes to the 529 Plan: Rollovers into Roth IRAs In a significant policy shift, recent legislation has introduced new flexibility to the 529 College Savings Plan, allowing funds to be rolled over into a Roth IRA. This change presents an exciting opportunity for families and students,...
Economy Remains at Risk of Recession: Insights from the Fed’s Meeting Minutes Recent minutes from the Federal Reserve's latest meeting reveal growing concerns about the U.S. economy's vulnerability to a potential recession. Despite ongoing efforts to manage inflation and stabilize economic...
