The Fed is expected to enact its first rate hike in a little more than two months. It will be the first increase in three years. While it’s an act we all know is coming, CNBC reports investors and economists are watching closely. However, that doesn’t mean they’re expecting the worst upfront. “When you look back historically on the Fed, it’s usually multiple tightenings before you get in trouble with the economy and the markets,” said Jim Paulsen, chief investment strategist at the Leuthold Group.

 

CNBC/Jeff Cox
Markets and the economy brace as the Federal Reserve’s first rate hike could come in two months

If everything goes according to plan, the Federal Reserve in a little over two months will enact its first rate increase in three years, a move policymakers deem necessary and that markets and the economy are grudgingly coming to accept.

The Fed last raised rates in late 2018, part of a “normalization” process that happened in the waning period of the longest-lasting economic expansion in U.S. history.

Just seven months later, the central bank retreated as the expansion looked increasingly fragile. Eight months after that initial cut in July 2019, the Fed was forced to roll back its benchmark borrowing rate all the way to zero as the nation confronted a pandemic that threw the global economy into a sudden and shocking tailspin.

Read the full story, here.

 

MoneyWise via Yahoo Finance/Clayton Jarvis
Warren Buffett saw inflation coming early on — 8 tips to help you come out ahead

Rising prices and uncertainty about how long they’ll last are putting Americans in a bad mood.

Inflation was worse than expected in November, with consumer prices soaring 6.8% from a year ago. That inflation rate was the steepest in more than 30 years, with gasoline, housing, food and cars leading the way.

When prices began accelerating earlier this year, some experts, including the “Oracle of Omaha,” sounded the alarm.

“We are seeing substantial inflation,” Warren Buffett told attendees at his Berkshire Hathaway company’s annual shareholders meeting in May. “We are raising prices. People are raising prices to us, and it’s being accepted.”

Here are eight strategies to help you worry less about the impact on your finances — or even help you come out ahead — while inflation flares.

You can read the full article, here.

 

Fox Business
No end in sight to consumer price increases: Boxed CEO

Boxed co-founder and CEO Chieh Huang discusses the imbalance of supply and demand on ‘The Claman Countdown.’

You can watch the full interview, here.

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