Bernanke says the Fed’s slow response to inflation ‘was a mistake’
Former Federal Reserve Chair Ben Bernanke said the central bank erred in waiting to address an inflation problem that has turned into the worst episode...
Biden is “powerless” over inflation, blames Putin, COVID and GOP
President Biden is blaming three culprits when it comes to controlling inflation: Vladimir Putin, the pandemic and congressional Republicans. The problem is: He doesn’t control...
Who’s the Biggest Spender of Them All?
The deficit was $2 trillion in Biden’s first year in office and will reach another $1 trillion this year. Those are two of the largest...
Beware a Global Economy with Little Fires Everywhere by Mohamed A. El-Erian
Rich countries have shown impressive unity in helping Ukraine counter the Russian invasion. They now need to demonstrate the same level of resolve to prevent...
Inflation Fears Intensifies Sell-Off, Forcing Bitcoin Below $27,000 By DailyCoin
Inflation Fears Intensifies Sell-Off, Forcing Bitcoin Below $27,000 Since the Fed’s recent rate hike, and the broader crypto market have faced increased pressure, forcing investors...
The Fed can’t take any option off the table against inflation, says Mohamed El-Erian
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge,...
Joe Biden is making Americans poorer
Americans are getting poorer by the day, and they can thank President Biden. Too harsh? Not at all. Stock markets are crashing, costing Americans trillions...
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
WASHINGTON — The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point, the most aggressive step yet in its fight...
Fed hikes interest rates by 50 basis points in effort to combat inflation By Cointelegraph
Fed hikes interest rates by 50 basis points in effort to combat inflation The United States Federal Open Market Committee (FOMC) concluded two days of...
Fed to fight inflation with fastest rate hikes in decades
WASHINGTON (AP) — The Federal Reserve is poised this week to accelerate its most drastic steps in three decades to attack inflation by making it...