Uneven Playing Field Americans of all demographic groups have noticed the higher prices on products and services over the past years as the pandemic-era inflation took its toll. But young and low-income Americans are disproportionately affected by higher inflation, according to a report from the Federal Reserve Bank of New York. Forced to Rent The…Read more
SoFi Hong Kong Blog
Jobs Data To Guide Interest Rates All eyes are on the Fed once again, as market participants are awaiting an official signal that the central bank is done raising interest rates. In some ways the market is acting like it’s a forgone conclusion. However, this optimism is contingent on key economic indicators, including the upcoming…Read more
One Pricey Partridge The cost of Christmas is ever increasing. Inflation pushing up prices over the past years is making the holidays a more expensive period for American households. Even the poor old partridge in a pear tree is not immune to this. The price of the twelve gifts described in the classic song “The…Read more