Consumers got back to spending … or it appears that way, at least
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The news will say consumers were “resilient” in August, but Christopher Low tells us there’s more to it than that. Senior economics contributor Chris Farrell helps explain President Biden’s income-driven repayment plan for student loans.
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Inflation actually cooled off, just a touch, according to a key measure. We talk to Michael Hewson of CMC Markets in London about what slowing interest rate hikes could mean for an economy. Also, the head of the European Council met up with China’s president.
Published 12/01/22
Published 12/01/22
Fed Chair Jerome Powell offered some clues about that this week. Also, Giving Tuesday numbers show a growing sense of generosity. Then, we look at the speculation looming over Germany’s leadership as it pertains to relations with China.
Published 12/01/22