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...
The average household is spending an extra $250 a month, or $3,000 per year, due to high inflation — but middle-aged Americans are paying even more
Inflation is running hot, but not everyone is feeling the burn. The latest edition of the consumer price index showed that inflation was running at...
Turkish president Erdoğan fires government statistics chief as inflation rate skyrockets
ISTANBUL (AP) — Turkey’s president has fired the head of the Turkish Statistical Institute, which is responsible for posting official inflation statistics, among other data,...
IMF Says China’s Economic Imbalances Have Worsened
Imbalances in the Chinese economy have worsened and delayed China’s transition to consumption-led growth, the International Monetary Fund said in an annual review on Friday,...
The Fed Is Ignoring the Money Supply and Letting Inflation Rip
Text size Farmers descended on Washington to protest high interest rates in 1979. Charles Harrity/AP/Shutterstock About the author: Robert Heller is a former member of...
Fed’s Bullard: Four Interest Rate Rises in 2022 Now Appear Likely
Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank will need to move more aggressively on rate rises this year...
Gold logs highest price of 2022 so far because its ‘a rocket ship and inflation is its fuel’
Gold futures climbed on Wednesday for a fourth straight session, settling at their highest level of the year so far, as the U.S. dollar and...