WASHINGTON, DC – MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, … [+] 2022 in Washington, DC. The cost of gasoline continues to rise across the globe a...
Tag: Economists
70% of economists say America is headed for a recession: poll. How to invest now
Worried about a recession? Here are some tips from pros Getty Images/iStockphoto Many economists say the United States will fall into a recession next year, according to a new poll by the Financial Ti...
Kim Dotcom on the ‘Great Reset,’ Strong Russian Ruble Puzzles Economists, and More — Bitcoin.com News Week in Review – The Weekly Bitcoin News
This week, entrepreneur and activist Kim Dotcom said the “U.S. is beyond bankrupt,” and minced no words about a potential “controlled demolition of global markets.” Meanwhile, American economists are ...
American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency – Economics Bitcoin News
Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situ...
BIS Economists Contend Crypto Can’t Fulfill the Role of Money
Not a fan of Bitcoin or crypto in general, the BIS, which is an organization that represents the world’s major central banks, has been advancing its own research into central bank digital curren...
5 economists and real estate pros on what mortgage rates will look like for 2022
What should you expect for mortgage interest rates in 2022? Getty Images/iStockphoto Mortgage rates have reached their highest point in 13 years, according to Bankrate’s national survey of lenders. An...
3 economists predict when competition in the housing market will decline
When will you see competition decrease in the housing market? Getty Images Mortgage rates on 30-year fixed rate loans have climbed from about 3.5% earlier this year to upwards of 5.6%, and pros say th...
Is China Juicing GDP Data? Economists Can’t Help But Wonder
Security guards wear protective clothing as office workers queue for Covid-19 nucleic acid tests at a makeshift testing site on April 28, 2022 in Beijing, China. Kevin Frayer/Getty Images It’s both th...
Why do Economists think averaging Federal Reserve Monetary will boost crypto and gold?
Common thinking would suggest that if Federal Interest Rates went on to hike, then what would be safe to keep your money? Of course, crypto and gold To fight the uncontrolled and rampant battle agains...
4 housing market predictions for 2022, from economists and real estate pros
We asked home and mortgage experts and economists what they predict will happen this spring. Getty Images/iStockphoto We asked home and mortgage experts and economists what they predict will happen in...
4 economists and real estate pros on exactly when mortgage rates will hit 5%
Pros expect that higher mortgage rates will cool the housing boom somewhat. Getty Images/iStockphoto If mortgage rates continue on their current trajectory, some experts predict 30-year fixed rates co...
Is a yield curve inversion a foreboding sign for mortgage rates? Does it really signal a recession? Economists weigh in.
For a moment this week, the bond market flashed a signal that some associate with impending recessions. Home buyers need not worry just yet, according to economists. On Friday, the 2-year rate, which ...
Mortgage rates are surging faster than expected, economists lower home sales forecasts
A home is offered for sale on January 20, 2022 in Chicago, Illinois. Scott Olson | Getty Images The average rate on the popular 30-year fixed mortgage hit 4.72% Tuesday, moving 26 basis points higher ...
‘Reduced competition.’ 5 predictions for the housing market in 2022, from economists and real estate pros
We’ve already seen rates rise in the early months of 2022, and some pros say that will continue. Getty Images Aspiring home buyers may have watched as mortgage rates in recent months rose (though to b...
U.S. Fed Announces first rate hike Since 2018; Economists Say Fed Is A Little Late.
On Wednesday, March 16, the U.S. Federal Reserve announced a 0.25 per cent hike in its benchmark short-term interest rate with the aim to combat inflation. For supporting the growth and hiring during ...
Fed will hike rates regardless if Biden’s nominees are confirmed, economists say
Federal Reserve Chairman Jerome Powell leaves a meeting in the office of Sen. Chris Van Hollen, D-Md., in Hart Building on Wednesday, October 6, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images ...
Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows – Economics Bitcoin News
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current moneta...
Biden’s take for Fed Governors to be Economists, Sarah Bloom for supervision
President Joe Biden’s take on appointment for vacant Fed Governor’s seats was to be filled by Economists. In this regard, Economists Lisa Cook and Philip Jefferson have been approached. Also, Sarah Bl...
President Biden taps economists for Fed governors’ seats, Sarah Bloom Raskin as vice chair for supervision
The White House has officially tapped former Fed governor Sarah Bloom Raskin to serve as the vice chair for supervision for the Federal Reserve, as well as economists Lisa Cook and Philip Jefferson to...
What economists are saying about the highest inflation in nearly 40 years
U.S. consumer prices rose at their fastest rate in nearly four decades in December, with inflationary pressures rippling through the economy as supply chain bottlenecks persisted alongside elevated de...
IMF Economists Warn of ‘Contagion’ Risk in Increasingly Linked Bitcoin and Stock Markets
In brief The price correlation between crypto and stock markets is increasing. This poses a risk to countries with heavy crypto adoptions, say three IMF economists. For roughly a decade, Bitcoin and o...
President Nayib Bukele Responds to Popular Economist’s Critique of His Proposed Bitcoin City
El Salvador President Nayib Bukele has replied popular U.S-born Economist Steve Hanke for his recent comments about Salvador’s proposed Bitcoin City. President Nayib Bukele Mocks Popular U.S Critic On...
President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report
The White House is reportedly considering an Obama-era economic adviser and former Fed economist to fill the empty seats on the board of governors of the Federal Reserve System in 2022. According to ...