10-13-2022

Drew Juen

10-13-2022

Articles

Core US Inflation Rises to 40-Year High, Securing Big Fed Hike

A closely watched measure of US consumer prices rose by more than forecast to a 40-year high in September, pressuring the Federal Reserve to raise interest rates even more aggressively to stamp out persistent inflation.

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With rising rates and rising debt, the taxpayer bill is finally coming due

This period of economic expansion, enhanced by trillions of federal dollars spent to stave off a covid-caused economic crisis, has created millions of jobs. But it’s also led to tremendous inflation.

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