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3232White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within
https://www.digit.info/white-house-economist-warns-china-wants-to-weaken-us-dollars-reserve-currency-status-senator-says-biggest-threat-comes-from-within/
Sat, 22 Apr 2023 04:20:09 +0000https://www.digit.info/2023/04/22/white-house-economist-warns-china-wants-to-weaken-us-dollars-reserve-currency-status-senator-says-biggest-threat-comes-from-within/Read more]]>In a congressional hearing, White House economist Jared Bernstein says there’s “some evidence” that China wants the U.S. dollar to lose its status as the world’s reserve currency. However, U.S. Senator Bill Hagerty stressed that the biggest threat to the USD dominance comes from within. China Wants to See U.S. Dollar Losing World’s Reserve Currency […]
]]>US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the Party
https://www.digit.info/us-inflation-rate-jumps-highest-in-40-years-to-7-democrats-concerned-inflation-will-haunt-the-party/
Thu, 13 Jan 2022 18:30:13 +0000https://www.digit.info/2022/01/13/us-inflation-rate-jumps-highest-in-40-years-to-7-democrats-concerned-inflation-will-haunt-the-party/Read more]]>One of the hottest topics in the United States in 2022 is the rising inflation, as the U.S. Labor Department’s data published on Wednesday indicated that the consumer price index (CPI) rose to 7% in December. This represents the largest annual jump since 1982. Federal Reserve governor Lael Brainard is set to tell congressional leaders […]