Lower economic growth IS needed to reduce inflation

Lower economic growth IS needed to reduce inflation

Lower economic growth IS needed to reduce inflation –      Despite recent signs of decreasing inflation, Federal Reserve Chairman Jerome Powell stated on Thursday that the central bank will remain «resolute» in its commitment to its 2% target. Powell avoided...
ECB raises interest rates and the Euro keeps falling

ECB raises interest rates and the Euro keeps falling

ECB raises interest rates and the Euro keeps falling 📌 On Thursday, the ECB raised interest rates for the tenth time in a row, signaling a shift in strategy toward maintaining rates high in order to keep inflation at bay. While analysts and investors currently...