Fed Chair Kevin Warsh promises 2% inflation, but skyrocketing U.S. debt makes that a pipe dream
Uncle Sam needs inflation, not just economic growth, to escape today’s debt crisis.
Uncle Sam needs inflation, not just economic growth, to escape today’s debt crisis.
The Swiss Franc (CHF) steadies against the US Dollar (USD) on Tuesday as the Greenback gives up its early gains, with traders turning cautious ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday. At the time of writing, USD/CHF trades flat around 0.8184, retreating from an intraday high of 0.8205, its highest level…
Yesterday, Aug. 5, NuScale Power (SMR -0.37%) reported what, on the surface, looked like a brutal quarter. Its net loss came in at about $50 million, while its second-quarter revenue sank 99%, from roughly $8 million reported a year ago to about $75,000. It’s the kind of quarterly report that can sink a stock at…
The Pound Sterling (GBP) edges higher by some 0.29% against the US Dollar (USD) on Friday, yet it remains trading sideways, unable to decisively crack 1.3500 after reaching a three-week peak of 1.3509, and has retreated to the 1.3490 area. GBP/USD Price Forecast: Technical outlook The technical picture shows that GBP/USD is consolidating, yet it…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. June 17, 2026 Federal Reserve issues FOMC statement For release at 2:00 p.m. EDT The Federal Open Market Committee approved the following statement for release by a 12…
The island republic is bouncing back from a difficult 2025, and investor confidence is high; however, structural issues remain. This article appears in the July/August issue of Global Finance Magazine. Looking to bounce back after a disappointing 2025, the Dominican Republic’s economy still faces significant hurdles, including the conflict in the Middle East and internal…
The Iran war sounds like it’s morphing into a battle of economic attrition. Trump on the weekend said they’re “low-keying it” in an interview with Axios. He indicated that he will let economic pressure on Iran build rather than launch fresh military strikes, saying the U.S. was only “semi-negotiating” with Iran. That came after Iran…