#ratehike

Common Cents Blog

Common Cents & Rate Hikes

Next week, the Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI), colloquially known as inflation, for March 2022. The “Street” is anticipating a reading of 1.2% for the month, which would take…

Update: The Fed Rate Hike

The Federal Open Market Committee (FOMC or Committee), the monetary policy making arm of the Federal Reserve, concluded its 2-day meeting this afternoon, and raised the overnight target lending rate between member banks by 0.25% (25…

Common Cents Blog

Common Cents & Groundhog Day

Perhaps it is appropriate Groundhog Day is next week, because there was a distinct feeling of déjà vu this past week. Obviously, this is in reference to the movie of the same name in which the…