This Is Why We Didn’t Have a Recession in 2023
This time last year, almost everyone was calling for a recession to engulf the US economy in 2023. One of those forecasters was was Anna...
Inflation Report to Show Fed’s Battle Is Now All But Complete
The US inflation outlook was already steadily improving in recent months, but last week, right in the middle of the Federal Reserve’s two-day policy meeting,...
2024 Interest-Rate Cut Races Debt to Avoid Hard Landing
Call it the year of the pivot. After their most aggressive interest-rate hiking cycle in four decades, key central banks in 2024 will be shifting...
Retirement Accounts: Consumers Pull Money From Savings to Pay Bills
Americans are increasingly tapping their retirement savings to cover housing and medical bills amid higher cost-of-living pressures, according to data released Monday from Fidelity Investments....
High Government Debt Levels Are Here to Stay. Why It Matters.
An electronic billboard at a bus shelter in Washington, D.C., displays the national debt. It topped $32.3 trillion in early July, and $32.9 trillion on...
‘Greatest Economic Reset In Our Lifetime’ Is Beginning: Mike McGlone, Bloomberg Intelligence: Video
The New York Fed currently indicates a 70.8% probability of a recession, reaching its highest level since 1982. According to Mike McGlone, a Macro Strategist...
Fed Will Pay High Price to Bring Down Inflation. Investors Should Take Note.
AFP via Getty Images Text size Central bankers from around the world are gathering in Sintra, Portugal this week to discuss the state of the...
Interest Rates Latest: Final Hiking Stretch Will Be Hardest, BIS Says
The unprecedented cycle of global interest-rate increases is entering its most challenging stretch as inflation threatens to become entrenched, according to the Bank for International...
Realtor.com Reports Weekly Active Inventory Up 10% YoY; New Listings Down 22% YoY
by Calculated Risk on 6/15/2023 02:16:00 PM Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report from economist...
Economics of Bitcoin ATM market could hinder wider adoption By Cointelegraph
[ad_1] © Reuters. As the digital asset market continues to evolve, the use of cryptocurrency ATMs grows with it. Over the past decade, nearly 40,000...