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3232White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation
https://www.digit.info/white-house-defends-trillion-dollar-stimulus-while-jamie-dimon-and-larry-summers-warn-of-runaway-inflation/
Thu, 27 May 2021 16:30:39 +0000https://www.digit.info/2021/05/27/white-house-defends-trillion-dollar-stimulus-while-jamie-dimon-and-larry-summers-warn-of-runaway-inflation/Read more]]>On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less powerful. Now critics like JPMorgan Chase CEO Jamie Dimon and American economist Larry Summers have blasted […]
]]>US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QE
https://www.digit.info/us-dollar-drops-to-a-three-year-low-greenback-could-dip-10-lower-fed-still-not-ready-to-taper-qe/
Thu, 20 May 2021 16:40:53 +0000https://www.digit.info/2021/05/20/us-dollar-drops-to-a-three-year-low-greenback-could-dip-10-lower-fed-still-not-ready-to-taper-qe/Read more]]>America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the currency could drop even lower. US Dollar ‘Is a Bit […]