US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations
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The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought the annual…
Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact
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In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not…
Milei Reveals New Economic Phase for Argentina: Zero Monetary Issuance
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Javier Milei, the libertarian President of Argentina, has revealed the new policies that will be applied to cement the economic victories he…
Argentina Records First Week of Zero Inflation in 30 Years; Milei Claims He’s Redefining Economic Theory
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Argentina is reaping its first rewards in the fight against inflation, as a private consulting firm found that the inflation in food…
Former Fed President Discusses Potential for 2 Interest Rate Cuts This Year
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Former Boston Fed President Eric Rosengren has outlined the potential for two interest rate cuts this year. He cited recent Federal Open…
Utah Senator Seeks to Abolish Federal Reserve
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Republican Senator Mike Lee from Utah has introduced legislation to abolish the U.S. central bank and its Board of Governors. Lee contends…
US Senators Urge Federal Reserve to Cut Interest Rates — Warn Fed Policy Threatens Economy, Risks Recession
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Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing that high rates stifle the economy and…
Inflation Explained: What It Is and Why It Happens
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While many are familiar with inflation, which indicates a decline in currency purchasing power alongside a general rise in the cost of…
European Central Bank Cuts Rates by 0.25%, Confirms Data-Driven Approach for Path Ahead
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The European Central Bank announced cuts of 0.25% (or 25 basis points) on three of its main interest rates: the main refinancing…
Survey: 77% Believe Presidential Candidates Should Be Informed on AI and Crypto
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The Grayscale-Harris Poll survey, conducted in April-May 2024, reveals crucial insights into American likely voters’ views on cryptocurrency and its potential impact…