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Inflation continues to rise at historic levels. According to the Consumer Price Index, inflation is increasing at its fastest pace in 40 years a reported 7.9% increase in February. The reasons for such a steep climb are varied and include the ongoing Russian invasion of Ukraine, which has among other things caused gas prices to…
As the meeting of the Federal Reserve on March 15-16 looms, companies across the economic landscape are eagerly awaiting the specifics regarding measures it will take to curb the historic inflation rates currently being seen in the U.S. In preparation for these actions, many financial entities are making predictions as to what the Fed’s measures…
To combat rising inflation which is at its highest peak in 40 years, the Federal Reserve has indicated that interest rate increases are inevitable. Indeed, according to Federal Reserve Chairman Jerome Powell has announced that short-term interest rates will rise in March for the first time in four years. “The Fed uses interest rates as…
Today’s supply chain disruptions are not only affecting manufacturing industries, but also everyday consumers trying to purchase anything from chicken to golf clubs. Global climate trends, natural disasters, geopolitical tensions, shipping freight delays, and other such issues are combining with the ongoing COVID-19 pandemic to create a perfect storm of challenges that makes 2021 one…