The Federal Reserve Bank of New York has just launched a “digital dollar” cryptocurrency initiative just days after the FTX crypto scam was exposed.
Elon Musk has issued a warning to the American people that Democrat President Joe Biden’s Federal Reserve is tanking the US economy.
Democrat President Joe Biden’s Treasury Secretary Janet Yellen has stated that America needs “some good luck” if the economy is to avoid hard-landing into a recession.
The U.S. Federal Reserve may require the American unemployment rate to rise to almost double its current level in order to control high inflation, a new report has suggested.
Federal Reserve Chairman Jerome Powell has warned Americans to brace for a long period of economic pain, revealing that he expects the fight against inflation will last “for some time.”
Minneapolis Federal Bank President Neel Kashkari has claimed that inflation may still be transitory.
A leading economic expert is warning that the U.S. Federal Reserve will soon be forced to start printing money again as a “death spiral” of debt is looming.
Credit defaults in the United States are expected to soar as borrowing costs continue to rise amid an “extremely high” risk of recession, a group of finance industry leaders is warning.
A key inflation gauge dropped slightly in May but remains stuck at a level that is more than double the target set by the Federal Reserve.
Federal Reserve Chairman Jerome Powell has insisted that curbing inflation and restoring stability to the U.S. dollar is one of the Fed’s highest priorities.