Jerome Powell, head of the Federal Reserve, wants to reduce inflation by raising interest rates. This is important to investors and affects industries like housing and energy. The Fed slowed its rate hike plan, recognizing the impact on inflation. A professor suggests that inflation may already be at the target rate.
Daybreak with Anton Podcast Consumer sentiment drops, but will it affect spending? Find out why tracking spending habits is a better predictor of the economy than consumer sentiment. Plus, a look at how stimulus dollars and wage increases have impacted household...
Daybreak with Anton Podcast The collapse of Silicon Valley Bank and Signature Bank may not be a systemic issue prevalent in the banking sector. However, there are challenges in the credit and lending industry due to the rapid rise of interest rates in 2022 and into...
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