Increase interest rate
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Australia raised interest rates more than expected to prevent inflation, house prices continued to rise
Australian Treasurer Jim Chalmers says rising interest rates are “bad news for homeowners who are faced with a skyrocketing cost…
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Exploding ‘shadow banks’ threaten the global economy
Apartment in Toronto, Ontario province. Canada is a place where people pay very high mortgage interest rates – Photo: BLOOMBERG…
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The Fed Chairman is determined to control inflation even though he has to continue to raise interest rates
Federal Reserve Chairman Jerome Powell – Photo: BLOOMBERG According to CNBC, Mr. Powell emphasized that “there will not be any…
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The Fed ‘walks the wire’ between preventing inflation and recession
An American shopping in a supermarket in Chicago, Illinois, USA – Photo: REUTERS The problem is that ways to solve…
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