Bond Market Forecasts Bad Economic News
This post was originally published on this siteThere are good reasons to believe that today’s hot economy may be just a temporary respite.
As Democrats Look to Tame Inflation, Economists Say It’s Up to Fed
This post was originally published on this siteRapidly rising prices have spurred politicians to explore for the first time in years how much leverage they have.
Inflation reaches highest level since 1982 as consumer prices jump 7% in 2021
This post was originally published on this siteConsumer prices rose 7% in 2021, a new 39-year high, as supply chain bottlenecks led tp product shortages and higher costs.
Is Inflation a Microeconomic Problem? That’s What Biden’s Competition Push Is Betting
This post was originally published on this siteEfforts to boost the economy’s supply side such as in meat and shipping might underplay bigger forces, such as excess demand.
Consumer Prices Jumped at Fastest Pace Since 1982
This post was originally published on this siteThe Consumer Price Index increased at the fastest pace in 40 years, a new report showed.
Powell pledges Fed will prevent inflation from becoming ‘entrenched’
This post was originally published on this siteFed Chair Jerome Powell is vowing to prevent the inflation from becoming “entrenched,” as prices rise in the U.S.Powell will tell senators during his confirmation hearing, which begins at 10 a.m. on Tuesday, that the initial shutdown triggered…
Inflation Means Interest Rates Could Rise. Higher Interest Rates Will Make the National Debt More Expensive.
This post was originally published on this site Recent comments from Federal Reserve Chair Jerome Powell hinted that the Fed may soon get serious about hitting the monetary brakes to slow the economy. Until recently, inflation was described as transitory. But at some point, that story has to change. Price...
COVID-19 concerns overshadowed by economy: poll
This post was originally published on this siteConcerns over the economy are overshadowing worries regarding the COVID-19 pandemic, according to a new poll.The survey, conducted by The Associated Press and the NORC Center for Public Affairs Research, found that 68 percent of adults in the U…
California is swimming in money. How will Gavin Newsom spend California’s budget surplus?
This post was originally published on this site SACRAMENTO, Calif. — For the second year in a row, California is poised to avoid economic fallout from the coronavirus pandemic, leaving Gov. Gavin Newsom with a good problem: how to spend a projected $31 billion surplus. By Monday, Newsom must unveil...
The Pandemic’s Economic Impact Includes More Americans Starting Their Own Small Businesses
This post was originally published on this site We’re now entering year three of the COVID-19 pandemic, and the U.S. economy is still struggling thanks to inflation, supply chain issues, and continually bad jobs numbers. However, small business creation has been an unexpected economic bright spot since the pandemic began,...
