How Cool Is Too Cool? The economy has gradually cooled over the last year or two, but where is it headed? Inflation has come down notably, while the labor market continues to remain resilient (even though it’s not as blazing hot as it was two years ago). As Federal Reserve Chair Jerome Powell noted at…Read more
SoFi Hong Kong Blog
Deflation Is Here For the first time in more than four years, inflation measured by the Consumer Price Index (CPI) declined from one month to another. So is America in its deflation era now? Maybe, but let’s not get ahead of ourselves. Deflation is essentially the opposite of inflation, meaning prices are falling rather than…Read more
Can You Take Us Higher? Creed is a band we don’t know much about, but their song “Higher” is one that even the most distant Creed listener likely knows. Creed is also a popular fragrance brand, we don’t believe there’s any connection, but please correct us if we are wrong. In any event, markets smell…Read more