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It is not difficult to notice the effects of inflation on our daily lives. In the cost of groceries, in gasoline and energy costs, and in the value of paychecks, we see the dollar’s declining value in nearly every aspect of our daily lives. It is no different for manufacturers, who are currently tasked with…
Despite recent efforts to curb the rising inflation rates seen in the U.S., little relief has been seen in the U.S. or in supply chains. These efforts included a third consecutive three-quarters percentage point interest rate hike from the Federal Reserve, even though Fed Chairman Jerome H Powell is quoted as saying “no one knows…
Much of the recent media cycle has been dedicated to speculation regarding the potential for an economic recession, not just in the U.S. but across the world. But how likely is it at this point that a recession will actually occur? That question is difficult to answer with certainty, but most economists at this point…
A new report was just issued by the U.S. Labor Department containing the latest inflation figures, and despite significant interest rate hikes by the Federal Reserve with more promised by the end of the year, the news is worse than even the worst estimates predicted. According to the report, prices raised 9.1% from a year…
In the wake of the Federal Reserve’s recent announcements that they will reduce their balance sheet by as much as $95 billion per month — with anticipation they will deliver two half-point interest rate hikes in the coming months — inflation remains at approximately 8.5%, its highest level in over 40 years. The warning signs…
