Yellen says U.S. recession unlikely, but no drop in gasoline prices soon
U.S. Treasury Secretary Janet Yellen testifies during a House Ways and Means Committee hearing on President Biden’s proposed 2023 U.S. budget, on Capitol Hill in...
Recession will hit in first half 2023, the Dow is headed lower: CFOs
Many economic prognosticators and Wall Street stock pickers have made it clear where they stand on inflation and the Federal Reserve policy response: the economy...
US Consumer Prices Reaccelerate In May, Highest Since 1981
Having briefly slowed its inexorable rise in April – offering reawakened hope for the ‘transitory’ or ‘peak’ inflation camp – consumer prices were expected to...
Most Americans expect inflation to get worse, Post-Schar School poll finds
Placeholder while article actions load Most Americans expect inflation to get worse in the next year and are adjusting their spending habits in response to...
Factbox: Surging food prices fuel protests across developing world
Riot police block demonstrators and members of worker unions during a protest against Peru’s President Pedro Castillo’s government and rising food and fuel prices, in...
‘We Are Edging Into Serious Global Food Security Issues’: Former NATO Supreme Allied Commander
Former NATO Supreme Allied Commander Admiral James Stavridis discusses the impact the Russian invasion of Ukraine is having on the world’s food supply. [ad_2] Source...
China’s Moderating Inflation Leaves Room for More Easing
China’s inflation moderated in May as global commodity prices cooled and consumer demand weakened, leaving room for authorities to ease monetary policy and add stimulus...
El-Erian Warns Inflation Has Yet to Peak as Energy Prices Rise
(Bloomberg) — Mohamed El-Erian, who almost a year ago accurately forecast that elevated US inflation would be persistent, says it hasn’t peaked. Most Read from...
CBO Does Not Expect Revenue Surge to Last
June 11, 2022 by SchiffGold 0 0 After running the largest monthly surplus ever in April, the Treasury was back to running deficits in May. The Federal government spent...
Lyn Alden: The Economy Is Crashing Into Stagflation
For an informed perspective, we’re fortunate to be joined by macro analyst Lyn Alden, who believes we’re now in an “economic deceleration” miring us in...