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_federal-budget-2024-who-gets-what.webp "Easing the cost of living is Labor's \")
_us-inflation-resumes-downward-trend-boosts-rate-cut-hopes-124-world-business-watch-124-wion.webp "WION")
⏲ 2 minutes 50 seconds 👁 70
_us-economy-will-run-a-lot-slower-in-the-second-half-of-the-year-economist-says.webp "Yahoo Finance")
⏲ 5 minutes 19 seconds 👁 4.5K
_credit-card-delinquencies-are-on-the-rise.webp "Credit Card Delinquencies , Are on the Rise.<br/>New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports. .<br/>In Q1 2024, delinquencies reached <br/>8.9% at an annualized rate.<br/>America hasn't seen this high of a <br/>percentage of serious credit card <br/>delinquencies since 2012, Fox News reports. .<br/>In the first quarter of 2024, credit <br/>card and auto loan transition rates <br/>into serious delinquency continued <br/>to rise across all age groups, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>An increasing number of borrowers <br/>missed credit card payments, <br/>revealing worsening financial <br/>distress among some households, Joelle Scally, regional economic principal within the Household and <br/>Public Policy Research Division at the New York Fed, via Fox Business.<br/>Researchers aren't sure why delinquencies <br/>are so high since the unemployment rate <br/>is low, but they have a few theories.<br/>One of those theories is that consumers drained savings throughout the pandemic <br/>but continue to spend at high levels.<br/>Another theory is that some Americans switched to jobs with lower salaries.<br/>Additionally, credit card eligibility may have been expanded for many whose student debt wasn't being reported to credit bureaus amid the pandemic.<br/>These are all kinds of complex issues. <br/>We don't exactly know what's behind the <br/>increase of these delinquency rates. But it's <br/>definitely something that we're tracking, New York Fed researchers, via Fox Business.<br/>The average annual percentage rate for <br/>credit cards hit a record of 20.72% recently.")
_inflation-2-things-the-fed-needs-to-see-to-cut-rates.webp "Yahoo Finance")
_what-is-inflation.webp "The School of Life")
_budget-criticised-for-adding-to-inflationary-pressures.webp "The budget is being criticised by the opposition and many economists for adding to inflationary pressures, but many ordinary people feel it's not doing enough to help them with the rising cost of living.")
_you-are-being-lied-to-about-inflation-124-robert-reich.webp "Robert Reich")
_how-inflation-works-124-cnbc-explains.webp "CNBC International")
_treasurer-insists-budget-will-take-edge-off-inflation.webp "A closer look at the 2024 budget and what it means for Australia's economy I spoke earlier with ABC Chief Finance correspondent Ian Verrender. He says it's not clear how the energy subsidies will affect inflation.")
_introduction-to-inflation-124-inflation-measuring-the-cost-of-living-124-macroeconomics-124-khan-academy.webp "Khan Academy")
Introduction to inflation | Inflation - measuring the cost of living | Macroeconomics | Khan Academy
⏲ 7 minutes 32 seconds 👁 310.3K
_employment-and-unemployment-unemployment-and-inflation-1-3-124-principles-of-macroeconomics.webp "Inspirare")
⏲ 9 minutes 12 seconds 👁 41.8K
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