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Dollar Reversal Could Bring Inflationary Pressure, Former U.S. Treasury Secretary Larry Summers Warns
1.11.2022
Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion
5.10.2022
A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt...
Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
27.8.2022
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary...
Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’
6.5.2022
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further believes we are in a recession and says “it will be much worse than the Great Recession...
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
21.3.2022
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since...
How War in Ukraine Is Increasing Inflationary Pressure Across World’s Regions
20.3.2022
Alfred Kammer is the Director of the European Department at the International Monetary Fund (IMF); Jihad Azour is the Director of the Middle East and Central Asia Department at the IMF; Abebe Aemro Selassie is the Director of the African Department at the IMF; Ilan Goldfajn was Governor of...
Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’
20.1.2022
On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes the possibility of tightening monetary easing and noted that he “respects...
Elon Musk warns of 'strong inflationary pressure' as Tesla mulls Bitcoin payments
26.10.2021
The world's richest man, whose net worth hit a quarter of a trillion dollars this week, is also unsure whether inflation will ever calm down
Federal Reserve Index: The US Is Already in Recession
21.4.2020
The Federal Reserve Bank of Chicago’s monthly index has plunged, suggesting that the U.S. has entered a recession. The index is designed to gauge the overall U.S. economic activity and inflationary pressure. It is a weighted average of 85 monthly indicators. Fed Index Suggests the US Already...