Economy beats expectations, interest rates stay stable
Federal Reserve officials have chosen to maintain the current benchmark interest rate, stating concerns about tighter financial conditions affecting economic activity, employment, and inflation. The Fed’s decision keeps the benchmark…
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New interest rate raise ahead before the end of the year
“Strong economy”, aka inflation and new jobs based on gig economy and “pump-and-dump” tactics, pushes FED to that direction. In the wake of a recent report revealing robust job growth…
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According to FED, there’s no longer an imminent recession…
Or they are just trying to hide their desperation about the “inflation or recession” dilemma they imposed on themselves! Federal Reserve Chairman, Jerome Powell, stated that the latest economic data…
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We are not done with interest rate hikes, according to Federal Reserve
According to Federal Reserve Chair Jerome Powell, given the high level of U.S. inflation, which exceeds the Federal Reserve’s target of 2%, and the tight labor market, a majority of…
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