The Daily Money: Federal Reserve chair hints at smaller rate hike next month

The Federal Reserve chair said inflation remains "much too high" and signaled that the central bank will likely continue to push rates higher. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Thursday, December 1 It's Bailey Schulz here to bring you Thursday's top news. While recent reports show inflation easing and job growth slowing, it looks like we can expect yet another rate hike next month. Federal Reserve Chair Jerome Powell on Wednesday said inflation remains "much too high" and signaled that the central bank will likely continue to push rates higher, albeit at a slower pace.    Overall inflation slowed to 7.7% annually in October from 8.2% the prior month, while job gains totaled 261,000 last month, down from an average 381,000 the previous three months. 🏴‍☠️ How to stop porch pirates 🏴‍☠️ As the number of package deliveries spikes around the holidays, so do the number of thieves. Over the past 12 months, 260 million packages worth $19.5 billion were stolen by porch pirates, according to data from SafeWise, a home safety research company. Personal finance and markets reporter Elisabeth Buchwald says there are a number of ways to protect your packages though, like signing up for delivery updates and having your package delivered to a secure locker.  📰 More stories you shouldn't miss 📰 Vote on SECURE Act 2.0 could help you save for retirement while paying off student debt After a divorce, are you eligible for your ex's Social Security benefits? Why are homes allowed to be built in lava zones? Mauna Loa eruption has Hawaii residents wondering Do you put your phone on Airplane Mode while flying? Here's why experts say you should. 🍔 Today's Menu 🍔 Taco Bell's 7-Layer Nacho Fries. But you'll have to act fast. Taco Bell officially removed its Enchirito – a soft flour tortilla filled with seasoned beef, beans and diced onions covered with red sauce and cheese – from its menu Nov. 30 after reintroducing the item on Nov. 17.  Another limited-time menu item, the 7-Layer Nacho Fries, is available for a few more weeks.   About The Daily Money Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. You can follow USA TODAY reporter Bailey Schulz on Twitter @bailey_schulz and subscribe to our free Daily Money newsletter here for personal finance tips and business news every Monday through Friday. Powell signals smaller rate hike but no hint of pause with inflation... Fed Chair Powell signaled rate hikes will likely slow next month but rates will likely rise further than thought to fight "much too high" inflation Package theft is a growing problem, especially during the holiday... As Mauna Loa erupts, residents ask why homes are built in lava zones DoorDash cuts 1,250 corporate jobs after pandemic hiring surge Divorced? You can collect your ex's Social Security. Pay student loans or save for retirement? Congress can let you do both Walgreens rolls out 24/7 delivery service in nearly 400 stores Here's why the housing market has 'further to fall' over the next year Why it's important to turn your phone to airplane mode when you fly Enchiritos return to Taco Bell: How to get one before they're gone   Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2022 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102