by Andrew Moran | Apr 19, 2022 | Business News, Lights, Camera, Action, Opinion, Swamponomics
Price inflation has soared to its highest level in more than 40 years. Small businesses are still recuperating from the coronavirus pandemic while consumers’ wallets are being eaten alive. Carol Roth talks about the challenges facing America. Check out part one of...
by Andrew Moran | Apr 17, 2022 | Business News, Columns, Good Reads, Opinion
At this point, is a recession almost certain? Economies worldwide are doing their best to stave off the inevitable decay of their post-pandemic inflationary environments. Central banks are engaged in a juggling act of inflation-busting, supporting economic growth, and...
by Andrew Moran | Apr 4, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
All the inflation metrics – from the consumer price index to the personal consumption expenditure (PCE) price index – confirm the United States is suffering from a cost-of-living crisis. Everything in the marketplace has risen exponentially, effectively wiping out...
by Andrew Moran | Apr 3, 2022 | Business News, Columns, Good Reads, Opinion
The US annual inflation rate has surged under President Joe Biden, hitting a 40-year high of 7.9% in February. The personal consumption expenditure (PCE) price index, the Federal Reserve’s preferred inflation gauge, climbed 6.4% year-over-year. The producer price...
by Andrew Moran | Mar 20, 2022 | Business News, Columns, Good Reads, Opinion
The March Federal Open Market Committee (FOMC) policy meeting is in the history books. The Federal Reserve raised interest rates by 25 basis points to increase the fed funds rate to 0.5%, planning six more rate hikes this year. But will this be enough to put the...