Inflation Squeezes Main Street as Elite Echoes ‘Let Them Eat Cake’: Economic Divide Widens
The August CPI figures were even hotter than the economic consensus predicted (up 0.6% for the month, the largest monthly…
Tag: Federal Reserve
August US Jobs Report Suggests Gradual Hiring Slowdown as Economy Adjusts
The overheated American labor market is gradually reverting to normal temperature. According to a survey conducted by the data firm…
Stock Market Today: Asian Markets Respond Positively to Fed Chief’s Address
As a result of the Federal Reserve chairman’s statement that the central bank will “proceed cautiously” with interest rates, Asian…
Asian Stock Markets Await Fed Conference for Interest Rate Clues
Asian stocks were mixed on Monday as investors awaited the Federal Reserve’s summer conference for clues as to whether the…
More US Rate Hikes Expected as Federal Reserve Aims to Tackle Inflation
In a recent address to the Kansas Bankers Association, US. Federal Reserve Governor Michelle Bowman emphasized the potential need for…
Federal Reserve Signals July Rate Hike Despite Weaker Job Growth
Despite a weaker-than-anticipated June employment report, the Federal Reserve is expected to raise interest rates again at its next meeting…