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Inflationary pressure – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 23 Jan 2023 17:00:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Inflationary pressure – DIGIT INFO https://www.digit.info 32 32 Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down https://www.digit.info/economist-mohamed-el-erian-predicts-sticky-inflation-despite-federal-reserves-efforts-to-bring-it-down/ Mon, 23 Jan 2023 17:00:17 +0000 https://www.digit.info/2023/01/23/economist-mohamed-el-erian-predicts-sticky-inflation-despite-federal-reserves-efforts-to-bring-it-down/ Read more]]> Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve's Efforts to Bring it DownAs investors examine the next move of the Federal Reserve, analysts, economists and market participants are also closely monitoring inflation levels. In Dec. 2022, the annual inflation rate dropped to 6.5%, and many experts predict it will decrease further. However, economist Mohamed El-Erian of the University of Cambridge believes inflation will become “sticky” in midyear, […]

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Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion https://www.digit.info/feds-inflation-nowcasting-data-shows-future-cpi-increases-us-gross-national-debt-hits-31-trillion/ Wed, 05 Oct 2022 14:00:07 +0000 https://www.digit.info/2022/10/05/feds-inflation-nowcasting-data-shows-future-cpi-increases-us-gross-national-debt-hits-31-trillion/ Read more]]> Fed's Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 TrillionA recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt surpassed $31 trillion on October 4, as the country’s growing debt continues to rise […]

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ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation https://www.digit.info/ecb-president-christine-lagarde-blames-climate-change-for-europes-torrid-inflation/ Sun, 28 Aug 2022 16:30:13 +0000 https://www.digit.info/2022/08/28/ecb-president-christine-lagarde-blames-climate-change-for-europes-torrid-inflation/ Read more]]> ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid InflationAccording to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her interview with Madame Figaro, Lagarde stressed that people need to take into account that “climate disasters” affect price stability a great deal. ECB Board Member […]

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Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’ https://www.digit.info/powell-says-feds-battle-with-inflation-will-bring-some-pain-after-insisting-last-year-elevated-inflation-is-likely-to-prove-temporary/ Sat, 27 Aug 2022 18:30:41 +0000 https://www.digit.info/2022/08/27/powell-says-feds-battle-with-inflation-will-bring-some-pain-after-insisting-last-year-elevated-inflation-is-likely-to-prove-temporary/ Read more]]> On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary hinted that the Fed won’t hit the brakes on monetary […]

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Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’ https://www.digit.info/peter-schiff-warns-economic-downturn-in-the-us-will-be-much-worse-than-the-great-recession/ Fri, 06 May 2022 18:30:55 +0000 https://www.digit.info/2022/05/06/peter-schiff-warns-economic-downturn-in-the-us-will-be-much-worse-than-the-great-recession/ Read more]]> Peter Schiff Warns Economic Downturn in the US 'Will Be Much Worse Than the Great Recession'Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further believes we are in a recession and says “it will be much worse than the Great Recession that followed the 2008 Financial […]

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Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’ https://www.digit.info/fed-chair-jerome-powell-hints-at-aggressive-rate-hikes-after-saying-inflation-is-much-too-high/ Mon, 21 Mar 2022 22:45:03 +0000 https://www.digit.info/2022/03/21/fed-chair-jerome-powell-hints-at-aggressive-rate-hikes-after-saying-inflation-is-much-too-high/ Read more]]> Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying 'Inflation Is Much Too High'The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since 2018, Powell stressed that the Fed will “take the […]

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