ECONOMY – Page 41 – One America News Network

Argentinian Pres. Milei Cuts 5K Gov’t Jobs In One Day

Argentina’s new president continues to pursue his “shock” reforms to the country’s economy as unions vow to fight the change.

WASHINGTON - JANUARY 22: The Federal Reserve building is seen January 22, 2008 in Washington, DC. The Fed cut its benchmark interest rate by three-quarters of a percentage point after two days of tumult in international markets due to fear of a recession in the United States. (Photo by Chip Somodevilla/Getty Images)

Federal Reserve Leaves Interest Rates Unchanged, Indicates 3 Cuts Coming Next Year

The Federal Reserve kept interest rate predictions the same on Wednesday for the third time in a row, which could point to signs that inflation could possibly begin to slow down.

Video still from In Focus on One America News Network during an interview with the guest, Dr. Dave Brat.

CPI Report Shows Inflation Not Cooling Down

with Dr. Dave Brat

Argentinians Await Change of Government Amid Economic and Social Turmoil BUENOS AIRES, ARGENTINA - NOVEMBER 30: A Javier Milei picture is seen on a campaign sign on November 30, 2023 in Buenos Aires, Argentina. President-elect Javier Milei of La Libertad Avanza will take office on Sunday 10, replacing incumbent peronist Alberto Fernandez. Milei is a self-described "anarcho-capitalist" libertarian who wants to sharply reduce the size of the State and replace the local peso with the American dollar. During the campaign, he promised to uproot Argentina's political establishment and to align the economy with dramatic measures such as closing the Central Bank. After defeating the current Minister of Economy Sergio Massa in the run-off with 55,65% of the votes, the president-elect has shown moderation and pragmatism as he works on the line up of his cabinet. The new administration will face the challenge to reduce the country's 140% annual inflation and its 44,7% of poverty, as recently announced by a study carried out by ODSA-UCA. (Photo by Tomas Cuesta/Getty Images)

Argentina Announces 50% Devaluation Of Their Peso As Part Of Shock Economic Measures

Argentina has announced the devaluation of their currency due to an economic shock measure.

Gas prices are displayed at a petrol station in Monterey Park, California, on July 19, 2022. - US gasoline prices have fallen from historic highs earlier in the summer, a retreat highlighted by a politically beset White House as a sign of moderating inflation. President Joe Biden took to Twitter to point out that prices at the pump have fallen for more than a month, saving the average driver about $25 a month. Gasoline prices are now at a national average of $4.495 per gallon, down 10 percent from a month ago but up 42 percent from the year-ago level, according to the American Automobile Association. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

U.S. Inflation Rose 3.1% In November, Above Federal Reserve’s Target

The Federal Reserve’s long-term objective for U.S. inflation was persistently exceeded in November, with 3.1% growth, supporting central bankers’ arguments to maintain current interest rates this spring.

LONDON - OCTOBER 07: In this photo illustration, a man looks at a graph representing the 12 month decline of the FTSE 100 share index on October 7, 2008 in London. Financial markets are still suffering large losses as the global banking crisis continued. (Photo by Peter Macdiarmid/Getty Images)

Job Report: U.S. Economy Added 199,000 Jobs In November

November was another strong month for employment creation, with even more positions being created in different fields.