It's happening at a gradual pace, that's not a bad thing in a sense because if what we see is a very strong demand for labor, which is the engine of the economy, people are getting hired, many people are going back to work, getting wages, spending money but it's gradually cooling, that's a good prescription for where we want to get". Inflation in the US was at 3 in June, as Fed bids to cut rate to 2. Acima provides lease-to-own financing up to 5,000 for customers with less than perfect credit, but its costly. So you see cooling, particularly in the private sector in the last report. - Federal Reserve announces 0.25 hike in interest rates. Interest is charged from the day your loan starts and will only be cancelled if you pay off the amount of credit advanced within the Pay in 4 Period. However, I was told after that I would be on a one year lease to pay off the remaining balance after the 100 days, not double the original cost of the furniture. job creation is still at a high level but it was at an extraordinary high level for most of the last two years. After 100 days can buyout before the 12 months and enjoy a discount lease fee. Nonetheless, we're making progress there and by so many indicators, labot market demand is cooling - you can look at surveys by workers and businesses who see that, you can look at the quits rate normalizing, you can look at jobs openings coming down. You pay no interest if pay it off with 100 days (price plus the initial payment). Wages have actually been gradually moving down, they are still at levels what would be consistent over a long period of time with 2% inflation. Right now, you can find high-yield savings accounts with interest rates ranging between 4.5 and 5. I don't think we are targeting wage inflation - what we are looking for is a broad cooling in the labor market conditions, and that's what we are seeing. "In relation to goods, it's really an indication that supply chains and shortages are easing.
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