Cathie Wood Predicts Deflation to Take Hold in US Next Year
Wood said deflation is already underway in the US across industries and will force the Federal Reserve to kick off a big interest-rate cutting cycle.
Wood said deflation is already underway in the US across industries and will force the Federal Reserve to kick off a big interest-rate cutting cycle.
U.S. inflation cooling at what could prove to be fastest pace in at least 40 years if not longer with only a limited rise in the unemployment rate.
The last time US government bond yields climbed so far, so fast, the nation plunged into back-to-back recessions.
If you’re in 1% or middle class inflation has actually made you richer according to top economist who’s been researching inequality for over 40 years.
Higher interest rates are lifting the fortunes of the nation’s biggest banks. They aren’t doing the same for the banks’ customers.
What employers should know: Inflation pressures have been showing up in the workplace, and not only in demands for pay increases.
BlackRock Inc. Vice Chairman Philipp Hildebrand said the IMF should frame discussions this week around the new economic reality.