How the Consumer-Price Index Measures Inflation | WSJ
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YouTubeThe Wall Street Journal
How the Consumer-Price Index Measures Inflation | WSJ
As inflation climbs in the U.S., rising food and energy costs have pushed the nation’s most popular price index to its highest level in four decades. WSJ’s Gwynn Guilford explains how the consumer-price index works and what it can tell you about inflation. Illustration: Jacob Reynolds More from the Wall Street Journal: Visit WSJ.com: http ...
317.5K viewsJul 13, 2022
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Inflation’s still north of 3% right now and there’s a lot of issues around that. It’s very hard for the Fed to lower rates much more, and there’s a big debate going on about that. With this idea of a 50-year mortgage, if you’re 40, which is the average age of buying a home now, you’re gonna be friggin’ dead before the mortgage is paid off. So you’re never gonna own the house. I don’t like this 50-year idea. You’re gonna pay so much interest to save 200 bucks a month. It’s not a great idea. There
4:08
Inflation’s still north of 3% right now and there’s a lot of issues around that. It’s very hard for the Fed to lower rates much more, and there’s a big debate going on about that. With this idea of a 50-year mortgage, if you’re 40, which is the average age of buying a home now, you’re gonna be friggin’ dead before the mortgage is paid off. So you’re never gonna own the house. I don’t like this 50-year idea. You’re gonna pay so much interest to save 200 bucks a month. It’s not a great idea. There
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