US interest rates hit 14-year high amid economic downturn
Image Source: CNN To contain rising prices in the greatest economy in the world, the US central bank has raised interest rates to levels not seen in 14 years. The goal range will now be between 3% and 3.25%, according to a Federal Reserve announcement that it would increase its key rate by an additional […]
Recession: Is the US heading into a downturn?
Image Source: Forbes According to the latest Economist/YouGov poll, three out of five Americans believe that the US is in a recession. So why, then, is it unofficial? The highest rate of inflation since the 1980s has many people feeling down. As a result, some Americans cut back on driving to save gas money, avoid […]