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Central banks and foreign exchange markets
In addition to turmoil in common stock markets around the world, the early weeks of the new year have been characterized by changes in—and much hand wringing about—exchange rates between currencies. Prospects for changes in currency exchange rates were also much in the financial news a year ago, with considerable confusion about what was happening […]
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Inflation Hit Urban Renters Harder Last Year
Recent changes in your cost of living depend greatly on where you are in your career, education and life. That’s a key takeaway from my recent research, which we published today in a brief entitled “Average American’s Cost of Living Falls.”
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