October's inflation report 'broke the hiking cycle's back,' and signals the Fed is done raising rates, Bank of America says

Tech Insider : Economy
Jerome Powell
Federal Reserve chair Jerome Powell.

Amber Baesler/AP Photo

Here are 3 trends to watch for in the key August inflation report, according to Goldman Sachs

Tech Insider : Economy, Economy
Used cars sit in the sales lot of a used car dealership in California.
On average, the annual percentage interest rate on new vehicles was 6.5% in 2022 and 4.1% in 2021, while for used vehicles it was 10% in 2022 compared to 7.4% in 2021.

Justin Sullivan/Getty Images

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