If you’re having trouble keeping up with your mortgage payments during a recession, you can seek assistance from your mortgage servicer or lender. If you ask, they might be able to postpone or lower your monthly payments for a period of time. Furthermore, a recession provides an opportunity to reassess your total finances and prepare […]
What Happens To Your Mortgage In A Recession? Read More »
As inflation reaches historic highs, lawmakers and analysts are debating the causes, which include pandemic-related shocks as well as government-imposed limitations and swings in consumer demand. One New York Times writer remarked this week on Twitter that recent media headlines about inflation are “all hype.” “Policies like the $15 minimum wage” are blamed by “wealthy
Why Does Raising The Minimum Wage Cause Inflation? Read More »
Hyperinflation is caused by two main factors: (1) an increase in money supply that is not accompanied by economic development, which raises inflation, and (2) demand-pull inflation, in which demand exceeds supply. Both of these factors are clearly linked since they both overburden the demand side of the supply/demand equation. What factors contribute to high
What Caused High Inflation In Various Countries? Read More »
GDP quantifies the monetary worth of final goods and services produced in a country over a specific period of time, i.e. those that are purchased by the end user (say a quarter or a year). It is a metric that measures all of the output produced within a country’s borders. What is GDP and how
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 Heading To Another Recession? 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 The US Inflation Rate Today? Read More »
Because interest rates are the major weapon used by central banks to manage inflation, they tend to fluctuate in the same direction as inflation, although with lags. The Federal Reserve in the United States sets a range of its benchmark federal funds rate, which is the interbank rate on overnight deposits, to achieve a long-term
How Do Interest Rates Affect Inflation? Read More »
The United States’ economic outlook for 2022 and 2023 is positive, yet inflation will stay high and storm clouds will build in subsequent years. While this prognosis was being written, the war in Ukraine continued on with unpredictable outcomes. Unless the war evolves into World War III, which seems unlikely, the war will have a
Will Inflation Go Down In 2022? Read More »
The profitability of running a restaurant is continually affected by changing costs. The peculiar aspect is when inflation affects all aspects of a firm at the same time and at a quicker rate, from labor expenses to materials and ingredients. Increased costs should be tracked and adapted on a regular basis by business owners. Those
How Does Inflation Affect Restaurants? Read More »
While some industries are more vulnerable to economic fluctuations, others tend to do well during downturns. However, no organization or industry is immune to a recession or economic downturn. During the COVID-19 epidemic, the consumer goods and alcoholic beverage sectors functioned admirably. During recessions and other calamities, such as a pandemic, consumer basics such as
What Commodities Do Well In A Recession? Read More »
