To listen to the podcast, press play on the player above and follow along with the transcript below. In its current form, this transcript was created automatically and then edited for clarity. Between the audio and the text, there may be some discrepancies. Republican attempts to invalidate state-ordered congressional districting schemes in North Carolina and […]
Are We Headed For A Major Recession? Read More »
The Great Recession, which began in 2008, resulted in a housing crisis, with over six million American households facing foreclosure. What happened to these people after then, and how did their financial situation change? According to Assistant Professor of Law Michael Ohlrogge, these findings could provide insight into the future trajectory of the new housing
How Many Homes Were Foreclosed During The Recession? Read More »
Inflation in the United States was predicted to reach 3.41 percent in 2021 and 2.67 percent in 2022 as of July 2021. What will the inflation rate be in 2022? According to a Bloomberg survey of experts, the average annual CPI is expected to grow 5.1 percent in 2022, up from 4.7 percent last year.
What Will Be The Inflation Rate In 2021? Read More »
Inflation is defined as an increase in the cost of a wide range of consumer products and services across a variety of industries, such as gas, food, and housing. Inflation reduces the purchasing power of your money, requiring you to spend more for the same goods and services. In other words, as inflation rises, your
How Does Inflation Affect The Functions Of Money? Read More »
Traditional fiscal stimulus analysis focuses on the short-run effects of fiscal policy on GDP and employment creation in the near term. Economists, on the other hand, have long recognized that short-term economic situations can have long-term consequences. Job loss and declining finances, for example, can cause families to postpone or forego their children’s college education.
What Is The Impact Of Recession In Our Economy? Read More »
The US Inflation Rate is the percentage increase in the price of a selected basket of goods and services purchased in the US over a year. The US Federal Reserve uses inflation as one of the indicators to assess the economy’s health. The Federal Reserve has set a target of 2% inflation for the US
What Is Inflation In The US? Read More »
Industries That Are Critical Healthcare, food, consumer staples, and basic transportation are examples of generally inelastic industries that can thrive during economic downturns. During a public health emergency, they may also benefit from being classified as critical industries. Medical professional Within the medical field, there are numerous vocations and specialties. This group includes Registered Nurses
What Jobs Are Good In A Recession? Read More »
What is the average duration of inflation? NEW YORK (WABC) Inflation is at an all-time high, but this is hopefully the worst of it. Consumer prices increased 6.8% in the year ended in November, a 39-year high. For a variety of factors, many economists forecast inflation to linger near this level for a few more
How Long Do Inflation Periods Last? Read More »
The data is particularly crucial to investors because it is the Fed’s final big economic report before its two-day meeting, which begins on Tuesday. Regardless of the data, the central bank is largely expected to raise interest rates by a quarter point from zero, the first of what is expected to be a succession of
When Is The Inflation Rate Announced? Read More »
In August 1971, the United States had a 6.1 percent unemployment rate and a 5.84 percent inflation rate (1971). President Nixon sought advice from Federal Reserve Chairman Arthur Burns, incoming Treasury Secretary John Connally, and then-Undersecretary for International Monetary Affairs and future Fed Chairman Paul Volcker in order to address these issues. These people, together
How Did President Nixon Deal With Inflation? Read More »
