One of the bond market’s most reliable gauges of impending U.S. recessions plunged further below zero into triple-digit negative territory on Tuesday after Federal Reserve Chairman Jerome Powell point...
Tag: FourDecade
Inflation Rate in Spain and France Reaches Four-Decade High
The U.S might have gotten a break from the rising interest rate however everywhere else things are still the same. On the contrary, the inflation rate rose to a new high in four decades. Though both t...
U.S. Inflation Hits Four-Decade High of 8.6%
Key Takeaways Today’s U.S. inflation numbers came in at 8.6%, hitting a fresh 41-year high and significantly exceeding economists’ expectations. Inflation reaccelerating despite the Federa...