Page 39 - Michael Gapen News Today

The Federal Reserve is expected to raise interest rates by a quarter point, and to signal it will stay vigilant in its fight against inflation.

More layoffs in the manufacturing and retail industries were announced on Thursday amid the drive to impose the inflation crisis onto the working class through interest rate increases.

The U.S. economy expanded at a healthy pace in the final three months of 2022, though signs of slowing consumer spending mounted as the steepest interest rate increases by the Federal Reserve in decades threaten growth this year.

Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.

The U.S. economy grew by 2.9% over the fourth quarter of 2022, largely boosted by an increase in consumer and government spending.

The continued growth in the fourth quarter showed the resilience of consumers and businesses in the face of rising inflation and interest rates.

Sooner or later, either Wall Street or the Federal Reserve has to blink. Nearly a year into the Fed’s drive to quash inflation by hiking interest rates at

Sooner or later, either Wall Street or the Federal Reserve has to blink.

Nearly a year into the Fed’s drive to quash inflation by hiking interest rates at a blistering pace, Wall Street still doesn’t seem to fully believe what the Fed warns

Sooner or later, either Wall Street or the Federal Reserve has to blink.