Some economists warned that the American Rescue Plan would be inflationary. Others, like me, were fairly relaxed.
Tag: Inflation (Economics)
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What Is the Yield Curve? Wall Street’s Recession Alarm Is Ringing.
An inversion of the bond market’s yield curve has preceded every U.S. recession for the past half century. It is happening again.
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Italy Is Haunted by the Pain of Past Economic Crises
As the European Central Bank prepares to raise interest rates for the first time in more than a decade, the challenges for one of the bloc’s largest economies balloon again.
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Euro Hits Parity With U.S. Dollar for First Time in 20 Years
In recent months, pressure on the euro has been mounting while investors have been flocking to the U.S. dollar, a haven in times of economic upheaval.