L'économiste Peter Schiff met en garde contre une nouvelle, Crise imminente de la Grande Dépression, Critique les chiffres d'inflation trompeurs

Pierre Schiff, best-selling author and chief economist of Europac, has warned about the coming of a new great depression period in America. In an interview, Schiff stated that official Consumer Price Index (IPC) numbers were designed to mislead the public and

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

Cette semaine, the Statistics Bureau of Japan unveiled the latest core consumer price index (IPC) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. En outre,…

US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision

Les Etats Unis. Labor Department released the consumer price index (IPC) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% contre les États-Unis. dollar. Dans le passé 65 jours, gold has soared 14.55% while silver has skyrocketed 22.31%

‘Big Short’ Investor Michael Burry Warns of Another Inflation Spike — Expects US to Be ‘in Recession by Any Definition’

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says inflation has peaked in the U.S. but there will be another inflation spike. He expects the U.S. economy to be in a recessionby any definition.Michael Burry’s

Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data

This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. Les Etats Unis. housing market has shown weaknesses and October’s États-Unis. inflation rate was lower

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 points de base (points de base). The increase brings the United Kingdom’s main lending rate to 3%, after a majority

The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

Les Etats Unis. Federal Reserve introduced another jumbo rate hike on Wednesday, nov. 2, 2022, by hiking the federal funds rate (FFR) par 75 points de base (points de base). The American central bank said on Wednesday that the hike aims to curb inflation and

Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’

Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes apretty big recessionwill take place in 2023. Speaking in an interview on