Bank of England keeps rates on hold
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That said, the 4% rule assumes that your portfolio has a fairly even mix of stocks and bonds. If you're a very conservative investor and have 80% of your portfolio in bonds during retirement and only 20% in stocks, the 4% rule may not hold up well for you, because your savings may not generate enough growth to sustain that withdrawal rate.
U.S. inflation hits 3% in September, beating economist expectations and sending Wall Street to record highs as investors anticipate Federal Reserve rate cuts.
A new College Board report reveals a welcome trend: after adjusting for inflation, the net cost of tuition at public institutions has decreased over the past decade.
The Fed’s decision was aimed at jump-starting a slowing economy clouded by stubborn sticky inflation and political tension. The Fed’s quarter-point cut to a 3.75%–4.00% benchmark rate makes borrowing cheaper, potentially spurring spending and job growth.
NEW YORK (Reuters) -Americans last month said that they expected moderating near-term inflation pressures as they continued to worry about the outlook for the job market and their personal finances,
Recent federal data indicate consumer prices have continued to rise, though common Thanksgiving meal items might be cheaper.
The federal government recalled some furloughed workers specifically to produce the inflation report, which plays a key role for Social Security beneficiaries.
British businesses' expectations for inflation over the next 12 months have risen to their highest in more than five years, according to a Bank of England survey that is likely to boost official concerns that soaring inflation may be slow to fall.
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National Retail Federation : holiday sales to increase 3.7% to 4.2% despite concerns over inflation
American shoppers are expected to spend more during the holiday shopping season this year, compared with a year ago, despite uncertainly over tariffs and the overall economy. The 2025 forecast from the National Retail Federation on Thursday estimates that shoppers will make $1.