interest rates

US economy contraction in the first half of 2022, confirms updated GDP

Numbers: The US contracted in the first six months of the year, revised government figures confirm, painting a picture of an economy reeling from strong headwinds and tailwinds. The Bureau of Economic Analysis said Thursday that gross domestic product, the economy’s official scorecard, fell 0.6% year-on-year in the second quarter. This is unchanged from the …

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How does the US export inflation to other countries | CNN Business

London CNN Business – The Federal Reserve is laser focused on stopping price hikes in the United States of America. But countries thousands of miles away are reeling from their ruthless campaign to stifle inflation, their central banks are forced to raise interest rates faster and higher, and a runaway dollar causes their currencies to …

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How does the US export inflation to other countries | CNN Business

London CNN Business – The Federal Reserve is laser focused on stopping price hikes in the United States of America. But countries thousands of miles away are reeling from their ruthless campaign to stifle inflation, their central banks are forced to raise interest rates faster and higher, and a runaway dollar causes their currencies to …

How does the US export inflation to other countries | CNN Business Read More »

Consumers are more optimistic about the US economy CNN Business

CNN – Consumer confidence rose for the second consecutive month in September, as such Moderate gas prices and hope for easing inflationary pressures Help raise the collective mood of the nation. The Conference Board reported Tuesday that its baseline index rose to 108 from a revised 103.6 in August, its highest level since April. The …

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The Fed’s rate hike has made some corporate bonds very attractive. How do you benefit from it?

With stocks falling and interest rates rising, investors are getting more excited about corporate bonds than they have been in a generation. One side effect of the Fed’s tightening policy is that it has made interest rates rise everywhere – including in the corporate bond market. But as the professionals point out, investors need to …

The Fed’s rate hike has made some corporate bonds very attractive. How do you benefit from it? Read More »

With interest rates rising, here’s how to protect your wallet and your wallet

The Fed is willing to bring pain. are you ready? Weeks ago, Federal Reserve Chairman Jerome Powell warned that there would be “some pain for households and businesses” as the central bank raises interest rates to combat inflation that is higher than it has been in four decades. Powell and other members of the Federal …

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Steve Forbes says the ‘real cure’ for inflation has been overlooked

The British pound fell to a record low Monday morning in Asia, after the new British government announced last week that it would implement tax cuts and investment incentives to boost growth. In the context of focusing on raising interest rates to cool inflation, central banks and governments have ignored the importance of keeping currencies …

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The Turkish lira hits a new record low against the dollar as investors prepare for another interest rate cut

An electronic board displays exchange rate information at a currency exchange office in Istanbul, Turkey, on Monday, August 29, 2022. Nicole Tong | Bloomberg | Getty Images The Turkish lira hit a new record low on Thursday, trading at 18.377 against the dollar at 11:30 am in Istanbul, and it continues to drop more than …

The Turkish lira hits a new record low against the dollar as investors prepare for another interest rate cut Read More »