Inflation

Sous les Eux, le Pakistan risque-t-il la faillite à l'instar du Sri Lanka?

Sous les Eux, le Pakistan risque-t-il la faillite à l’instar du Sri Lanka?

Le Pakistan is an institution given by the future in Sri Lanka, on alert at the level of la faillite retentissante de ce petit État d’Asie du Sud il ya plus de 4 mois. En effet, les pluies diluviennes qui s’abattent sur le paysent une carastrophe économique pour Islamabad. Abroad, you can step in moment …

Sous les Eux, le Pakistan risque-t-il la faillite à l’instar du Sri Lanka? Read More »

Sous les Eux, le Pakistan risque-t-il la faillite à l'instar du Sri Lanka?

Sous les Eux, le Pakistan risque-t-il la faillite à l’instar du Sri Lanka?

Le Pakistan is an institution given by the future in Sri Lanka, on alert at the level of la faillite retentissante de ce petit État d’Asie du Sud il ya plus de 4 mois. En effet, les pluies diluviennes qui s’abattent sur le paysent une carastrophe économique pour Islamabad. Abroad, you can step in moment …

Sous les Eux, le Pakistan risque-t-il la faillite à l’instar du Sri Lanka? Read More »

Social Security may be a 'front-burner issue' in November's election

Social Security may be a ‘front-burner issue’ in November’s election

zimmytws | iStock | Getty Images As the November midterm elections approach, leaders on both sides of the aisle are trading barbs on one key program that affects millions of Americans: Social Security. Over the weekend, President Joe Biden called out certain lawmakers on Twitter, including Republican Sens. Rick Scott of Florida and Ron Johnson …

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States tapping historic surpluses for tax cuts and rebates

States tapping historic surpluses for tax cuts and rebates

JEFFERSON CITY, Mo. (AP) — Stoked by the largest surplus in state history, Missouri’s Republican-led Legislature devised a $500 million plan to send one-time tax refunds to millions of households. In a shock to some, GOP Gov. Mike Parson vetoed it. Parson’s objection: He wanted a bigger, longer-lasting tax cut. “Now is the time for …

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Eurozone inflation hit another record high of 9.1% as food and energy prices soar

Eurozone inflation hit another record high of 9.1% as food and energy prices soar

Inflation continues to hit new records as the European Central Bank considers another rate hike for the next month. NurPhoto / Contributor / Getty Images Eurozone inflation hit a new record high in August of 9.1%, according to flash figures from Eurostat, with higher energy prices being the main driving force. The rate was higher …

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Fed's Williams backtracks on his expectations for a rate cut next year

Fed’s Williams backtracks on his expectations for a rate cut next year

John Williams, CEO of the Federal Reserve Bank of New York, speaks at an event in New York, November 6, 2019. Carlo Allegri | Reuters New York Federal Reserve Chairman John Williams said on Tuesday that he expects interest rates to continue rising and remain at those levels until inflation subsides. Echoing recent comments from …

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Fed Chair Jerome Powell says 'some pain' is on the horizon. Here's what that means

Fed Chair Jerome Powell says ‘some pain’ is on the horizon. Here’s what that means

Minneapolis CNN Business  —  In a blunt speech last Friday, Federal Reserve Chairman Jerome Powell warned that the central bank’s battle against inflation won’t come without some casualties. The Fed is firmly resolved to bring down inflation and to “keep at it until the job is done,” Powell said. But that plan — which involves …

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Economist Stephen Roach warns that the US needs a miracle to avoid a recession

Economist Stephen Roach warns that the US needs a miracle to avoid a recession

Negative economic growth in the first half of the year may be a harbinger of a much deeper downturn that could continue into 2024. Stephen Roach, who served as president of Morgan Stanley Asia, warns that the US needs a “miracle” to avoid a recession. “We will definitely face a recession as the late effects …

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The paper says that a rate hike by the Fed will not curb inflation if spending remains high

The paper says that a rate hike by the Fed will not curb inflation if spending remains high

John C. Williams, President and CEO of the Federal Reserve Bank of New York, Lyle Brainard, Vice Chairman of the Federal Reserve Board of Governors, and Jerome Powell, Chairman of the Federal Reserve, walk in Teton National Park as financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, …

The paper says that a rate hike by the Fed will not curb inflation if spending remains high Read More »