The Federal Reserve is facing a rather sticky problem. Despite its best efforts over the past year, inflation is stubbornly refusing to head south with any urgency to a target of 2%.
·about 1 year ago
The Federal Reserve raised interest rates again on May 3, 2023, by a quarter point, making it the Fed’s 10th rate hike since March 2022 in an ongoing fight to tame inflation. These rate hikes have been reverberating through the economy, ...
·12 months ago
The latest available data from the Central Energy Fund (CEF) shows that recoveries in fuel in South Africa have pulled back slightly but a crash in the rand will keep the pressure on in the final week of February 2024.
·about 2 months ago