About Keith Molyneaux
Posts by Keith Molyneaux…
The combination of a low fertility rate and a high life expectancy has created something of a demographic challenge for Japan. Not only is the nation’s overall population falling, but Japan’s population aged 65 and over has reached an all-time high of 36 million. That means that 29.3% of the nation’s population is over the […]
Americans’ feelings about the economy took a decidedly negative turn in February amid fears that inflation will come roaring back. The University of Michigan’s latest consumer sentiment survey showed that Americans’ inflation expectations for the year ahead surged in recent weeks, jumping to 4.3% this month, up a full percentage point from January’s reading and […]
Job creation missed expectations but remained solid in January, which bodes well for the economy but may complicate the Federal Reserve’s interest rate plans. The U.S. economy added a seasonally adjusted 143,000 jobs last month, according to the Bureau of Labor Statistics. That’s less than the 169,000 that economists polled by Dow Jones had expected, […]
Prospective homebuyers remain hesitant to buy even as more listings come up for sale, pointing to a sluggish start to the key spring buying season. Mortgage rates have hovered at their elevated levels for several weeks and prices continue to rise, hurting demand. Applications for mortgages meant to purchase a home continued to slide, falling […]
U.S. consumer sentiment increased for the fourth month straight in November, led by a big upswing in sentiment among Republicans following the presidential election. The University of Michigan’s consumer sentiment index increased to 71.8 this month, its highest level since April. While up from October’s reading of 70.5, November’s final result was short of the […]