Money Talk

The Money Docs: New inflation numbers show 4.4% in December – down from 4.7% in November – sign that economy is cooling But, Consumer Prices are still rising and unemployment is still low So The Fed is likely to continue with rate hikes in the near term – but perhaps at a lower pace than seen in 2022 Layoffs are spreading to sectors outside of technology – Fed is watching to see the employment “cool off” The US economy expanded by 2.9% in December – slightly above expectations With China opening back up and likely to get back to their typical levels of production, consumer prices may start to drop as we go through the year In Consumer Corner, Carla has tips on what to you if/when you get a raise Plus, listener questions from TheMoneyDocs.com