The Return of Inflation Makes Deficits More Dangerous
The Return of Inflation Makes Deficits More Dangerous
Source: eurocapital.gr
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Rate blitz a reminder the Fed doesn't target GDP: McGeever | Hellenic Shipping News Worldwide
The warning signs are multiplying and Federal Reserve Chair Jerome Powell is struggling to explain how it can be avoided: U.S. recession is very likely if the Fed delivers the inflation-busting interest rate increases it has flagged. The thing is though, he doesn’t need to explain. The Fed has a dual mandate which states that ...
Source: hellenicshippingnews.com
Fed may face yield curve, recession 'mea culpa': McGeever | Hellenic Shipping News Worldwide
U.S. Treasury Secretary Janet Yellen this week issued a ‘mea culpa’ on getting it wrong on inflation. If the economy tips into recession in the next year or two, the Federal Reserve may have to follow up with one on the yield curve. The 10-year U.S. Treasury yield falling below the two-year yield – the ...
Source: hellenicshippingnews.com