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'Higher for Longer': Fed's June Rate Pause Presages Anticipated Future Hikes

Even though the Federal Reserve has decided not to raise interest rates this month, the economic projections it released on Wednesday show the central bank anticipates trouble on the horizon, an economist told Sputnik. ....

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US Job Figures Foreshadow Looming Economic 'Stagflation' Crisis

The deal to end the federal debt ceiling stand-off does not mean the US economy is out of the woods. Michael R. Englund and Dr Linwood Tauheed discussed the risks of the US falling into recession. ....

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Economist: Projections Show Dissent at Fed About Backing Off Interest Rate Hikes After Bank Failures

Michael R. Englund, principal director and chief economist for Action Economics, told Sputnik on Wednesday that the recent collapse of two large US banks, Silicon Valley Bank and Signature Bank, had likely moderated the Fed’s hand. ....

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'People's Minds Are Made Up': Experts Predict 2023 Recession Fears Won't Impact Midterm Votes Much

On Tuesday, a preview of Fitch’s forthcoming ratings report revealed yet another economic prediction that the United States will enter a recession early next. 18.10.2022, Sputnik International ....

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Poison Pill? Why Dems' Inflation Reduction Act May Become GOP Headache Ahead of 2024 Election

US President Joe Biden signed the Inflation Reduction Act into law on Tuesday. The law was passed by the House on August 12 in a 220-207 vote. Democratic. 18.08.2022, Sputnik International ....

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