Barkin Admits January's Sticky Inflation Rates Complicate Fed's Path ForwardJanuary’s inflation data has intensified the complexity of upcoming interest rate decisions for the U.S. Federal Reserve, according to Richmond Fed President Thomas Barkin. In a recent interview, Barkin highlighted the persistent issue of inflation, particularly noting the sustained inflation in shelter and services despite a general slowdown in goods prices. While he expressed caution […] READ MORE 15 Weakest Currencies in 2024The global foreign exchange market, with an estimated value of $752.7 billion in 2023, is on a trajectory to reach $1023.91 billion by 2028, growing at a compound annual growth rate of 6.5%. This expansion is attributed to the dynamic roles of reporting dealers who ensure liquidity by continually offering buy and sell prices for […] READ MORE Biden Administration Erases $1.2 Billion in Student Debt for 150,000 AmericansPresident Joe Biden’s administration has made another significant move by cancelling $1.2 billion in federal student loans, benefiting over 150,000 borrowers. This action is part of the Saving on a Valuable Education (SAVE) plan, introduced in January, aimed at providing relief to Americans who have been repaying their student loans for at least ten years. […] READ MORE Fed Minutes: Patience Prevails as Officials Await Clearer Inflation TrendIn their latest meeting, Federal Reserve officials struck a cautious tone on the prospect of lowering interest rates, emphasizing a balanced approach towards inflation control. Despite acknowledging a significant reduction in inflation from its peak in mid-2022, the highest in over four decades, officials underscored the necessity of more evidence before considering policy easing. The […] READ MORE The Day the Hunt Brothers Capped the Price of GoldWe’re sharing some little-known facts about the two brothers who attempted to corner the silver market from our very own Mike Maloney. READ MORE Deciphering the U.S. Economy's Post-Pandemic StrengthOver the last four years, the U.S. economy has experienced a rollercoaster of events, starting with a devastating pandemic that led to a financial market crash and economic downturn. This was followed by a period of spiraling inflation and rapidly increasing interest rates that put significant pressure on households and industries alike. Surprisingly, the economy […] READ MORE Argentina Eyes Economic Stability Through Dollarization: A Comparative AnalysisArgentina’s President Javier Milei has reignited discussions about adopting the U.S. dollar to reignite the Argentina economy, mirroring the monetary strategy of Panama, Ecuador, and El Salvador. This significant shift aims to stabilize Argentina’s economy by potentially curbing inflation and fostering economic stability, leveraging the precedent set by these countries. Through this proposed change, Argentina […] READ MORE Gold Clings to Stability Amid High Interest Rate FearsGold prices have remained relatively stable in recent trading sessions, dropping below $2,000/oz briefly, before climbing back above $2,030/oz. Despite a U.S. market holiday contributing to limited trading cues, gold has shown resilience, bouncing back from a two-month low to hover around the $2,000 to $2,050 an ounce mark through much of 2024. This stability […] READ MORE The Scene of THE CRIMEMike calls it the greatest theft in human history. READ MORE « Previous 1 … 51 52 53 54 55 … 79 Next »
