Once again the US Federal Reserve is in a quandary. Does it cut its policy interest rate soon in order to relieve pressure on debt servicing costs for consumers and businesses and perhaps avoid a stagflationary economy (ie low or no growth alongside higher inflation); or does it hold its current interest rate for borrowing in order to make sure inflation falls towards its target of 2% a year?
Inflation and interest rates: the US experience
Tag: households
The Final Curtain For Incandescent Light Bulbs
The Final Curtain For Incandescent Light Bulbs
The use of incandescent light bulbs is not banned, only the sale and manufacturing of less than 45 lumens per watt lights. The de facto ban exempts appliance lights, Christmas lights, flood lights, and infrared lights, among others.
The Expected Financial Crash Is Finally Here
When two experienced economy and finance analysts, who both correctly predicted the derivative crisis of 2008, again warn of an imminent crash one better listens up.
The Expected Financial Crash Is Finally Here
Previously:
Ms. Cat’s Chronicles 
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