U.S. Treasury Secretary Janet Yellen says she is very confident that the economy can achieve a soft landing amidst worries of a possible recession. But Reagan economist Dr. Arthur Laffer says that she is missing the point entirely.
Read More Reagan Economist Dr. Laffer Sounds Alarm Bells On Long-Term U.S. Economic Health
The Federal Reserve raised interest rates to a 22-year high on Wednesday, following a brief break in rises during the central bank’s attempts to keep unprecedented inflation under control.
Read More Federal Reserve Hikes Interest Rates To 22-Year High
The Federal Reserve resumed its aggressive rate hikes to tackle inflation, raising the interest rate by a quarter-point today.
Read More Federal Reserve Raises Interest Rates Again, Highest in 22 Years – Expert Analysis Follows
The Federal Reserve presents its semi-annual Monetary Policy Report.
Read More Fed chairman: More interest rate hikes likely this year
Inflation cools to 4%, that’s the lowest in 2 years, but it’s still well above the pre-pandemic average and the Fed’s target rate of 2%.
Read More Inflation cools, but still well above the Federal Reserve’s target rate of 2%
The Federal Reserve has raised interest rates by a quarter-point, marking the10th consecutive rate hike and moving the benchmark rate to a range of 5% to 5.25%, the highest in 16 years.
Read More The Federal Reserve raises interest rates by a quarter-point