All Posts Tagged With: "stagnation"
Escalating Inflation at Home and Abroad Puts Pressure on Central Bankers
Inflation is spreading like wildfire around the globe, and while not every country is hurting as bad as Zimbabwe with its mind-boggling 2.2 million percent inflation, the United States and Europe are definitely still getting scorched by rising prices.
U.S. consumer…
17Jul2008 | Money Morning | 0 comments | ContinuedFed Holds Rates Steady in Face of Upside Inflation Risk
Citing the risk of high inflation, the U.S. Federal Reserve voted to hold the Federal Funds rate steady at 2.0% yesterday (Wednesday).
“Although downside risks to growth remain, they appear to have diminished somewhat, and the upside risks to inflation…
26Jun2008 | Money Morning | 0 comments | Continued
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