comparemela.com

Page 7 - Baker Boyer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

What is inflation and what causes it?

What is inflation and what causes it? Bankrate 2 hrs ago © Xinhua News Agency / Contributor / Getty Images Customers shopping at a supermarket Inflation is when the dollars in your wallet lose their purchasing power either because the money supply has dramatically increased or because prices have surged. Its an economic phenomenon that has a nasty reputation among policymakers, investors and consumers alike. Thats more so now than ever, with consumers spotting things like spikes in used car prices and pricy sporting tickets (both of which are up 10 percent from the prior month) and price surges at the gas pump. Experts say as the coronavirus pandemic moves into the rearview mirror, there might be even more cause for concern. Pent-up consumers are ready to go big on the purchases theyve been deprived of for more than a year, and adding to their wherewithal to spend are record-high savings rates thanks to three stimulus checks from Congress. Yet, shortages are preventing pr

Is Inflation Dead?

Is Inflation Dead? Is inflation dead? Its traditional relationship with employment has become tenuous in recent years. What does this mean for your retirement planning? Author: By John Cunnison, CFA Over the course of history, a tight relationship has emerged between inflation and employment levels. This correlation is sometimes referred to as the Phillips curve and represents a foundational economic concept when employment goes up, so does inflation. The supporting intuition is very simple. If more people are making money, there is greater demand for goods and services. So if supply stays about the same, prices increase. By the same token, when employment comes down, inflation decreases as well.

Walla Walla s Baker Boyer Bank donates to local organizations for pandemic response needs

Baker Boyer Bank announced a second round of funding for organizations responding to the effects of the COVID-19 pandemic. Organizations helping people with shelter, clothing, food, health, hygiene, and programs addressing mental health and domestic violence — where the need has increased during the pandemic — received about $60,000 in donations, the 151-year-old community bank announced. That brings the total to nearly $110,000 in contributions this year. On top of the donations, Baker Boyer worked with United Way of Blue Mountains and the Blue Mountain Community Foundation to apply for the funds, to be doubled through the All in WA fund. That fund is a coordinated statewide relief effort powered by a coalition of public officials, companies, community foundations and others addressing services needs due to the pandemic.

How to Prepare for the First Meeting With a Financial Advisor

How to Prepare for the First Meeting With a Financial Advisor © (Getty Images) Financial advisor working with a client The first meeting with a financial advisor is pivotal. It will not only help set the stage for your professional relationship, but also help determine whether that stage should be set at all. You should walk away from your first meeting feeling confident that this is someone with whom you can and want to work going forward. Popular Searches Before that first meeting, do some online research to get background information on the advisor, says Andrew Crowell, vice chairman of wealth management at D.A. Davidson & Co. This is your chance to put those social media stalking skills to use.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.