Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

August CPI, Tax Increases & a Deep Dive on 2020 Consumer Spending

August CPI, Tax Increases & a Deep Dive on 2020 Consumer Spending

FromFinance Explained by Family Finance Mom


August CPI, Tax Increases & a Deep Dive on 2020 Consumer Spending

FromFinance Explained by Family Finance Mom

ratings:
Length:
23 minutes
Released:
Sep 23, 2021
Format:
Podcast episode

Description

This week, I’ve got 3 major financial headlines for you…

First, August 2021 Consumer Price Index released last week showed inflation still at levels far beyond Fed's long-term target
Next, House Democrats put forward are pushing forward with their proposed tax increases to fund their massive spending bill... and the market didn't like it too much
And third, another factor weighing on the market, the potential default of the most indebebted property developer in the world (and the second largest developer in China), Evergrande

… after that, this week’s Deep Dive is digs into the 2020 Consumer Expenditure Survey, just released by the Bureau of Labor Statistics. What does it tell us about how the recession and pandemic impacted consumer spending and incomes last year? And what does the average family budget actually look like.
___________________
This week's episode is brought to you by - Honest History Magazine: https://honesthistorymag.com/?ref=financemom
___________________
For more on this week's headlines: https://familyfinancemom.com/monday-market-update-9-20-2021/
For more on the 2020 Average Family Budget: https://familyfinancemom.com/average-family-budget/
Follow Family Finance Mom everywhere...
Instagram: https://www.instagram.com/familyfinancemom/
Twitter: https://twitter.com/financemom1
Facebook: https://www.facebook.com/familyfinancemom
Get weekly newsletter here: http://eepurl.com/gblbY9

---

Send in a voice message: https://anchor.fm/familyfinancemom/message
Released:
Sep 23, 2021
Format:
Podcast episode

Titles in the series (76)

Finance Explained brings you the financial and economic news you need each week, along with an explanation of what it all means in a way everyone can understand, and more importantly, why it matters to YOU! Why did the market sell-off this week? Why is everyone suddenly worried about inflation? Why are interest rates rising or falling... and what you need to know about how it could impact your family’s finances. Welcome to Finance Explained… helping women everywhere build financial literacy and make better decisions for themselves, their families and their futures.