The Federal Reserve’s efforts to stamp out high inflation will push the U.S. unemployment rate to at least 5.5% as the world’s largest economy tumbles into a recession next year, a majority say. leading academic economists interviewed by the Financial Times. The latest survey, conducted by the University of Chicago Booth School of Business’s Initiative …
US unemployment rate set to top 5.5%, economists predict Read More »
Dear MarketWatch, Along with a sibling, I own a 40+ bedroom rental property in the Caribbean, where we do weekly rentals. It is near the city center but needs repairs and renovations. Is it a good time to go to the bank for a renovation loan? We are also open to changing our business model. …
The Federal Reserve has had a historic tear this year, struggling to suppress persistent record high inflation with a series of aggressive rate hikes that have pushed the monetary body’s benchmark interbank lending rate up at the fastest rate since 1982. The strategy, which has included six rate hikes so far this year, aims to …
