Gender pay gap could cost the world economy $7 trillion, Moody’s says
Speaking about the difference in wages between working men and women, it can boost the economy of the world by about 7% which is about […]
Category: Economics
A year after the first rate hike, the Fed still has a long way to go in the fight against inflation
In this month last year, the Federal Reserve spoke about its first attack against inflation, this has been moving around in the market creating havoc […]
‘Fed is not your friend’: Wells Fargo delivers warning ahead of key inflation report
The fed reserve chair Jerome Powell would likely increase the interest rates and this could leave investors on the wrong side of the trade. “You […]
Stock futures tick lower as traders await the Federal Reserve’s latest rate hike decision
The stock futures decreased on Tuesday evening as investors looked forward to the Federal reserve’s Wednesday meeting. Futures tied to Dow Jones decreased 48 points […]
U.S GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom
The economic shape was solid for solid in 2022 even though there was a question whether growth will turn negative in the year 2023. It […]
Markets fully price in quarter-point interest rate hike in february as inflation slows.
Markets are sure that next month the federal reserve will decrease its pace in the increase of interest rates. On Wednesday morning, the pricing had […]
The downturn of inflation in the US could not stop the ongoing Fed
Consumer inflation has reduced in December as gasoline and oil prices have reduced, but not enough to counter the Fed rate hike. Economists expect the […]
Unpopular steps are needed to stabilize prices, Powell
On Tuesday, Federal Reserve Chairman Jerome Powell emphasized the central bank requires it to be free from political interference while tackling persistent high inflation. While […]
Fed to determine next rate hike with an eye on inflation
Overview What it covers is… Federal Reserve policymakers say the latest inflation data is out earlier this week which will help to decide whether they […]
Consumers see inflation – and spending – cooling off in the year ahead, New York Fed survey shows
The inflation burden has been decreasing as people expect to decrease their spending. According to a survey the New York federal reserve released on Monday. […]