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The New York Federal Reserve said Monday that Americans ramped up their inflation expectations in May, creating new challenges for the U.S. central bank as it tries to cool prices.
Jamie Dimon of JPMorgan Chase offered a grim outlook on the economy, with inflationary pressures high and data signaling more layoffs.
The Federal Reserve faces a new challenge as it tries to tame inflation and cool consumer demand, without inadvertently triggering an economic recession.
Ceaseless money printing by central banks, price-fixing in major sectors of the economy (“greedflation”), never-ending supply-chain disruptions and delays, endless pay-the-rich schemes (e.g., public-private “partnerships”), constantly-growing debt at all levels, more inequality, intensifying stock market turbulence, out-of-control inflation, widespread poverty, and lower working and living standards for millions are signs of an economy that lost
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero