Economy News

Chief Economist Says the Fed May Raise Interest Rates Due to a Serious Risk of Stagflation in the U.S. – What Is Stagflation?

KPMG's chief economist, Diane Swonk, argued that the US faces a risk of stagflation due to the war with Iran. Here's what you need to know.

Federal Court Deals Trump a Setback: Rejects Request to Reopen Lawsuit Against Powell and the Fed

A federal court in the United States has refused to reinstate subpoenas against the Federal Reserve and Jerome Powell.

IMF Makes Surprise Statement on FED! Shares Expectations Regarding Interest Rate Cuts!

The International Monetary Fund (IMF) said the Fed is expected to make only one interest rate cut this year. Will Bitcoin continue to fall?

Iran is Working on a New Plan Regarding the Strait of Hormuz: Cryptocurrency and China Involved!

As the US-Iran conflict continues, Iran is planning a $1 per barrel transit fee through the Strait of Hormuz. Payment could be made in yuan or cryptocurrency.

Chief Economist Joe Lavorgna: “No One Is Reading This Correctly; the Fed Has Entered a Dovish Phase”

SMBC Americas Chief Economist Joe Lavorgna argued that the Fed has quietly entered a dovish phase.

Goldman Sachs Releases Latest Report on FED Interest Rate Decisions! Will There Be an Interest Rate Hike?

US banking giant Goldman Sachs predicts that the Federal Reserve is unlikely to raise interest rates this year.