Rate hikes to trigger global recession in 2023?
Global economy is severely dropping, and it will likely continue to slow as more nations experience recessions...
Tag : Federal Reserve
Home mortgage rates skyrocket in United States as inflation soars
The Labor Department reported in mid-September that United States consumer prices increased by 8.3% in the year ending in August...
Americans finally learn to deal with Inflation
A number of indications, including a Gallup survey revealed that 56% of Americans believe inflation is a hardship...
US Fed raises interest rate by 0.75 percentage-point, highest since 1994
The decision comes in the backdrop of consumer price inflation hitting 8.6% in May, the highest since 1981....
Bank deposits are expected to shrink, first in 80 yrs
Industry experts forecast a decline in bank deposits in the coming weeks due to interest rate hikes by the Fed....
What is stagflation? And how does it affect you?
The World Bank forecasted decade-long stagflation for the global economy....
Why US investors are worried about a recession
US economy shrank in the first quarter of 2022, but the market correction offers some respite....
US inflation rate slows to 8.3% in April
Core CPI rate of inflation preferred by the Fed rises by a higher than expected 0.6%....
US Fed announces biggest interest rate hike in two decades
Rates to touch 2.9% by 2023. Seven more hikes are expected this year....
Greenspan, gold, and the banality of evil
The former chairman of the US Fed is warning against an inevitable crisis resulting from the very policies he helped implement Stefan Gleason July 12, 2016: Under certain circumstances, seemingly decent human beings are capable of horrific things.So it is with former Federal Reserve Chairman Alan Greenspan, who parlayed his sound money bona fides into...