The Fed is expected to raise rates, alongside Japan and the EU. Plus: U.S. dollars, a backyard tiny home, diesel prices, and payment plans.
Wendy Edelberg at the Brookings Institute lays out the economic pressures facing the Fed as they head into an rate setting meeting this week.
The Fed is expected to raise interest rates at its next meeting, and it won’t be alone. The ECB has already raised rates, and Japan is expected to follow suit.
Higher interest rates will mean higher return on U.S. investments — but in order to invest in the U.S., you need U.S. dollars.
Americans are increasingly relying on long-term payment programs, subscriptions, and buy now, pay later programs to access life.
Analysts say record diesel prices will flow through quickly to consumer goods prices across the board.
Drea Parker in North Carolina now lives on the property she grew up on, but in her own custom-made tiny home.
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