Will Inflation Stay High for Decades? One Influential Economist Says Yes
When the global economy tanked in March 2020, the rate of inflation looked like it was heading to zero. That made it a surprising moment...
Higher Vehicle, Energy Imports Push January U.S. Trade Deficit to New Record
The U.S. trade deficit hit a fresh record in January ahead of the Russia-Ukraine crisis, as imports of vehicles and energy supplies increased while exports...
Russia Set to Ban Commodity Exports Following Western Sanctions
Russian President Vladimir Putin, pictured Tuesday, gave his cabinet two days to create a list of commodities and of countries subject to a new export...
Stagflation Is Coming. What You Need to Know.
There is no question that Russia’s invasion of Ukraine is going to push inflation higher, given the amount of energy and food commodities produced by...
Debt and Inflation Threaten U.S. Security
The national debt this month reached $30 trillion. Not only is this the largest debt in U.S. history in dollar terms, but the ratio of...
Silver Has Been Stuck at Lower Prices. It May Be Time to Buy.
Global demand for silver is on the rise and expected to reach a record this year, offering an opportunity for investors to buy the metal...
The Fed Missed Inflation. Can Jay Powell Tame It Without Causing a Recession?
During the first year of the pandemic, Federal Reserve Chairman Jerome Powell earned a reputation as a monetary dove, rolling out innovative policies aimed at...
Central Bank Should Weigh Asset Sales to Curb Inflation, Says Fed Official
A top Federal Reserve official said the central bank should consider selling bonds from its $9 trillion asset portfolio to address high inflation and guard...
Corporate Bonds in Europe Suffer Biggest Fall Since Pandemic Began
Corporate bonds in Europe have taken their biggest hit since 2020 over the past week after a sudden pivot from the European Central Bank toward...
How there’s been a Greenspan-sized tightening to the economy even before the first Fed hike
Is the Federal Reserve loosening or tightening policy right now? That seems like a silly question. Interest rates are still barely above zero, and this...