The United States enjoys a special advantage because of the preeminent status of its dollar as the world’s leading reserve currency and medium of exchange. Other countries are increasingly moving toward knocking the dollar off its throne through de-dollarization. The trend is unstoppable, but it’s unlikely the dollar will lose much of its authority any time soon.
Is the inflation battle won? Not yet seattletimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seattletimes.com Daily Mail and Mail on Sunday newspapers.
Yes…American Consumer Prices ARE STILL HIGH…… politicaldog101.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politicaldog101.com Daily Mail and Mail on Sunday newspapers.
Inflation is beginning to abate meaningfully for American consumers. Gas is cheaper, eggs cost roughly half as much as they did in January and prices are no longer climbing as rapidly across a wide array of products. But at least one person has yet to express relief: Jerome Powell, the chair of the Federal Reserve. The Fed has spent the past 15 months locked in an aggressive war against inflation, raising interest rates above 5% in an attempt to get price increases back down to a more normal pac