High inflation to last awhile, Fed’s Bostic says, and it’s no longer ‘transitory’

High inflation to last awhile, Fed’s Bostic says, and it’s no longer ‘transitory’

The biggest burst in U.S. inflation in three decades is likely to last longer than expected and no longer should be considered “transitory,” a senior Federal Reserve official said.
October 13, 2021 0 Comments
US headed into another recession if consumer sentiment trend continues, economists say

US headed into another recession if consumer sentiment trend continues, economists say

The U.S. economy appears to be sliding into another recession based on declining consumer sentiment – even though employment and wage growth suggest otherwise, according to two academic economists.
October 11, 2021 0 Comments
Unrelenting Political Brinkmanship Edges U.S. Closer to Default

Unrelenting Political Brinkmanship Edges U.S. Closer to Default

(Bloomberg) -- Democrats and Republicans must decide in the next day or two how far to take their deadlock over the U.S. debt limit, which is pushing the country perilously close to a catastrophic default.
October 6, 2021 0 Comments
Four Reasons The Next Recession Will Be Worse Than The Last One – Analysis

Four Reasons The Next Recession Will Be Worse Than The Last One – Analysis

With the stock market at all-time highs and seemingly endless “free liquidity” being provided by the Fed, the last thing most people can envision right now is a major recession—particularly one that will be the worst since the Great Depression of the 1930s!
September 15, 2021 0 Comments

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