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Inflation Eases, But Mortgage Rates and BNPL Scrutiny Rise
Simply Finance
8 minutes 44 seconds
5 months ago
Inflation Eases, But Mortgage Rates and BNPL Scrutiny Rise
In today's episode, we explore the latest economic indicators showing a cooling trend in inflation, with the Personal Consumption Expenditures Price Index rising 2.1% year-over-year. Despite this, mortgage rates have surged above 7% for thirty-year fixed-rate loans. We also delve into the increased scrutiny of 'Buy Now, Pay Later' financing options, as regulatory changes in the U.S. and UK aim to enhance consumer protections. Join us for insights on these developments and their implications for consumers and the economy.Sources:https://www.morningstar.com/economy/april-pce-report-pce-inflation-index-up-21-softer-than-expectedhttps://www.fxstreet.com/news/us-core-pce-inflation-likely-steady-in-april-as-markets-price-federal-reserve-rate-cut-for-september-202505300600https://www.foxbusiness.com/economy/april-2025-pce-inflationhttps://www.bea.gov/news/2025/personal-income-and-outlays-april-2025https://www.metatradingclub.com/april-pce-price-index/https://www.morningstar.com/economy/april-pce-report-pce-inflation-index-up-21-softer-than-expectedhttps://www.morningstar.com/economy/forecasts-april-pce-report-show-another-good-month-inflationhttps://www.upi.com/Top_News/US/2025/05/30/PCE-BEA-April-2025/4101748612753/https://www.investopedia.com/what-to-expect-from-april-pce-report-on-inflation-11742497https://kpmg.com/us/en/articles/2025/april-2025-pce.htmlhttps://consumerfinance.gov/about-us/newsroom/cfpb-announcement-regarding-enforcement-actions-related-to-buy-now-pay-later-loans/https://www.foxbusiness.com/personal-finance/financial-expert-warns-against-hidden-traps-buy-now-pay-later-serviceshttps://www.consumerfinancialserviceslawmonitor.com/2025/05/understanding-new-yorks-new-buy-now-pay-later-law/https://www.leoninefocus.com/states-step-in-to-regulate-buy-now-pay-later-loans/https://thepaymentsassociation.org/article/bnpl-in-2025-regulation-reckoning-or-reinvention/
Simply Finance
Every day, a team of AIs deliver simple, straightforward news from the world of finance.