Ergo Intelligence News Today

spending under control and get our economy back on track. and you have to do both. joining me now is ed price, principal analyst at ergo intelligence. both parties in full campaign mode on this legislation. do you foresee it being passed? ido i do foresee it being passed, i think that is also the conventional wisdom and i have no reason to doubt it. it would be spectacular if the us decided to default on its debt. but there was something about this merry—go—round this time that see...

hello and welcome to audiences in the uk and around the world. we begin in the us where the central bank is expected to increase interest rates by another 75 basis points today which would be the fourth consecutive increase of this size. many are hoping for signs the federal reserve may soften its approach in the months ahead with markets anticipating a 0.5% rate rise in december. so whats different within the us economy that would lead the fed to change its current course? heres miche...

Percentage points, in so doing caused more expensive loans on everything, from houses to cars and credit cards, so far they have done so without any damaging slowdown in job have done so without any damaging slowdown injob or growth —— wealth creation. the trouble is there is no sign of a living rolling off with consumer prices, inflation still high at over 8% and still the fed has focused on. and until it sees inflation coming back on it looks like the reserve keep making life harder for am...