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Billionaire investor Bill Ackman predicts stubborn inflation — and downplays the risk of a genuine...
Business Insider via Yahoo Finance· 2 years agoBill Ackman.Brian Snyder/Reuters Bill Ackman expects inflation to linger until the Fed roughly...
Biden warns an economic slowdown is necessary to lower inflation
INSIDER via Yahoo News· 2 years agoU.S. President Joe Biden gestures as he delivers remarks on the Inflation Reduction Act of 2022 in...
Your views: Is the recession real or manufactured?
The Stockton Record via Yahoo News· 2 years agoWe are in an official recession after Biden and the Democrats had “enacted policies (out of control spending) that were harmful to the American economy.”...
No, the White House isn't changing the definition of a recession
INSIDER via Yahoo News· 2 years agoPresident Joe Biden.Susan Walsh/AP Photo The White House recently laid out why two quarters of...
Europe's interest rates to stay high as long as needed to defeat inflation, central bank chief says
Associated Press via Yahoo News· 10 months agoEuropean Central Bank President Christine Lagarde warned Tuesday that inflation is holding its grip...
What if Jerome Powell pulled off a soft landing and nobody noticed? It’s the economy’s Groundhog Day
Fortune via Yahoo Finance· 8 months agoEvery February, Americans gather around their televisions to watch as a groundhog in a small town in...
The dollar could crash from 20-year highs if the Fed pauses rate hikes in a weak economy, says top...
Business Insider via Yahoo Finance· 2 years agoThe US dollar hit 20-year highs this year.NiseriN/Getty Images In 2022, the dollar has jumped more...
Consumer Confidence Falls for Third Consecutive Month as Recession Fears Mount
National Review via Yahoo News· 2 years agoU.S. consumer confidence declined in July for the third consecutive month, dropping 2.7 points since...
Forget inflation, Jefferies says to watch out for a ‘disinflation era’ like the early 1980s
Fortune via Yahoo Finance· 1 year agoWhen former Fed Chair Paul Volcker hiked interest rates to quash inflation in the early 80s, a...
EXPLAINER: How do we know when a recession has begun?
TheGrio via Yahoo News· 2 years agoWASHINGTON (AP) — By one common definition, the U.S. economy is on the cusp of a recession. Yet that...