El-Erian Says Bargaining Power Shifts To Workers As Labor Strikes Rise To 23-Year High: ‘Surprised It Took So Long’
Amid the increase in the pace of labor strikes, economist El-Erian said he wasn't surprised by the turn of events.
Paul Krugman Highlights Trump’s Delusional Comments To Slam Disinflation Deniers: ‘Much Of This Is … A Refusal To Admit Anything Anything Might Be Going Right Under Biden’
Economist Paul Krugman quoted Trump's delusionary comments to draw a parallel between the ex-president and disinflation deniers.
Peter Schiff Says Fed May Have ‘Secretly Given Up’ 2% Inflation Target: ‘New Unspoken Mandate Will Be …’
"Its new unspoken mandate will be to finance exploding Govt. debt and forestall a financial crisis, no matter how high inflation rises as a result," he said.
Biden Struggles In New Poll: Age And Economic Policies Undermine Re-Election Bid
President Joe Biden, who is running for a second term, is facing an uphill battle in the forthcoming…
Why This Economist Thinks Escaping This Recession ‘Will Be Like A Miracle’: ‘We Have Had Biggest Interest Rate Shock Since 1981’
Recent economic data are pointing to a soft patch and reigniting recession talks. Noted economist David Rosenberg weighed…
Gold Bull Peter Schiff Warns This Will Send Economy ‘Deeper Into Recession’ After Weak Jobs Data: ‘That’s Real Bidenomics’
Peter Schiff warned a deeper recession could be in the cards following a slew of weak data that point to a potential dollar weakness.
Fed’s Preferred Measure Of Inflation In Focus: Implications Of June’s PCE Inflation Figure For September’s Interest Rate Decision
After the July Federal Reserve meeting, which resulted in a 0.25% rate hike to a range of 5.25-5.5%,…
Inflation Is About To Plummet, Wall Street Firm Says: Here’s When Things Should Get Back To Normal
According to Bank of America Securities, the U.S. economy will enter a phase of sustained disinflation, which will intensify over the remainder of 2023.
Traders’ Bets On Fed’s Next Moves Shake Market Amid OPEC+ Production Cuts And Recession-Like ISM PMI Number
Investors' expectations for the Federal Reserve's next moves are facing hours of uncertainty as a result of the events that rocked markets on Monday, April 3.
‘We Don’t See Any Fed Rate Cuts’: Blackrock Goes Overweight Inflation-Linked Bonds, Stays Underweight Stocks As Damage Looms
The Fed is not likely to cut interest rates, despite what markets may be anticipating, according to BlackRock Inc. (NYSE: BLK).