Economy
The Fed is expected to raise interest rates. What it means for consumers?
Mark Zandi, chief economist with Moody's Analytics, talks about the Federal Reserve's expected decision to raise interest rates and the implications of that move.
NPR·
Economy
Jobs, prices, markets, and the politics of money.
Trump’s $5,000 pledge to voters is a shameless bribe | Steven Greenhouse
Not only would the plan do vast economic damage – it assumes that Americans are easily bamboozled Whenever Donald Trump gives a speech, it’s filled with so many lies and self-serving exaggerations that when he does utter
The Guardian·
The Fed is expected to raise interest rates for the first time in 3 years
The Fed is widely expected to raise its benchmark interest rate to combat stubborn inflation. That could make it more expensive to borrow money to buy a car or carry a balance on a credit card.
NPR·
UK inflation jumps to 3.1% as energy costs soar
The reading comes a day before the Bank of England updates its monetary policy.
CNBC·
Indonesia's new finance minister faces an uphill battle on fiscal credibility
Nazara, sworn in hours after Purbaya's dismissal, spent seven years as deputy finance minister and led the ministry's fiscal policy agency from 2015 to 2019.
CNBC·
Turkish habit of stashing gold "under the pillow' hurts economy, government says
For years, Turks have stashed their gold at home against a raining day, mistrustful of banks. Now the government says that tradition hurts the economy
NPR·
Why de-dollarization discussions are more talk, less action
BRICS leaders have asserted the need to use local currencies in intra-BRICS trade to cut dependency on dollar.
CNBC·