Former Fed Chairman Robert Heller on why we need to stop raising interest rates now

font dimension The cash provide is declining in absolute phrases. Extra tightening by the US Federal Reserve dangers triggering a recession, writes Robert Heller. El Drago/Bloomberg In regards to the writer: Robert Heller He’s a former member of the Board of Governors of the Federal Reserve System. Inflation is an important problem going through the … Read more

The money supply contracted for the first time. What does stagnation mean.

font measurement The Fed raised rates of interest seven instances prior to now 12 months. Andy Jacobson/AFP/Getty Photographs The Federal Reserve faces a vital resolution within the coming weeks. Markets anticipate the central financial institution to lift rates of interest by 1 / 4 of a share level, marking a major slowdown within the tempo … Read more