What is stagflation and how do you prepare for it?

Runaway inflation has raised fears that the economy is headed toward a return to stagflation, but a group of Wall Street banks such as Goldman Sachs and HSBC believe there are still opportunities for investors to navigate safely against this challenging backdrop. UCG | Getty Images What is stagflation? Stagflation is a term coined in … Read more

Former US ambassador says raising tariffs on China can lower inflation

Former US ambassador David Adelman said removing tariffs on imported Chinese goods would strip 1% of US inflation over time and restore confidence in the economy, which could help President Joe Biden at the ballot box. “Inflation will be the number one issue in the November US midterm elections,” Adelman told CNBC’s “Squawk Box” on … Read more

Singapore imports 90% of its food – how does it deal with inflation?

A rooftop farm in Singapore on May 27, 2020. The small island nation lacks natural resources and imports more than 90% of its food from more than 170 countries and territories. Lauren Isaac | Bloomberg | Getty Images Singapore is known for its wide variety of street foods and local cuisine, but many may not … Read more

Mental health is affected by rising costs and inflation |

Inflation combined with rising financial stress has strained the mental health of consumers, according to surveys and experts. The American Psychological Association’s latest survey on stress in America reveals that Americans are more stressed about money than ever, with 87 percent of Americans saying it is inflation and the rising costs of everyday goods that … Read more

Here are three things the Fed did wrong, and still not true

View of the exterior of the Marriner S. Eccles Federal Reserve Building in Washington, D.C., June 14, 2022. Sarah Selbiger | Reuters After years of being a beacon to financial markets, the Federal Reserve suddenly finds itself at a loss as it tries to navigate the economy through a vicious bout of inflation and steer … Read more

Here’s what a Fed rate hike means for your salary

San Francisco CNN Business – American workers have seen their wages rise faster than at any time since the mid-1980s. But inflation rose so quickly that workers took a cut in their salaries instead. Every time inflation rises, it takes a cut of workers’ salaries and chews up their bank accounts. And this current stretch … Read more

Associated Press interview: Biden says recession ‘not inevitable’

Washington (AFP) – President Joe Biden said Thursday that the American people are “really, really disappointed” after two turbulent years with the coronavirus pandemic.fluctuations in the economy Now the price of gasoline is going up that criticize family budgets. But he stressed that recession was “not inevitable” and hoped to give the country a greater … Read more

Associated Press interview: Biden says recession ‘not inevitable’

Washington (AFP) – President Joe Biden told the Associated Press Thursday that the American people are “really disappointed” after two turbulent years with the coronavirus pandemic.fluctuations in the economy Now the price of gasoline is going up that criticize family budgets. He said a recession is not inevitable and was alarmed by claims by Republican … Read more

Debunking 10 Lies From Joe Biden About The State Of The US Economy

“Inflation is the bane of our existence,” President Biden lamented last week to talk show host Jimmy Kimmel. Unfortunately, he was referring to The effect of inflation on presidential approval rates, Not the plight of ordinary Americans who are brutalized to pay for gas and groceries. The president’s speech on Tuesday to the AFL-CIO Another … Read more

A 100 basis point rate hike is a “medicine to stop this inflation”

Wharton Jeremy Siegel calls for a 100 basis point rate hikeMarkets may be “close to the bottom,” she says. A Wharton University of Pennsylvania finance professor told CNBC Wednesday that a 100 basis point Fed rate hike on Wednesday would be “a medicine to stop this inflation.” “The Fed needs to grab the inflation story…it … Read more