Be Well: How Federal Spending Could Lead to Another Interest Rate Hike
Marty Cantor, CPA and economic development consultant, returned to Cheddar News to talk about the state of the economy with respect to the jobs market as the number of openings fluctuates month over month. He attributed the U.S. struggle with inflation to the government overspending to create jobs, which he also noted will likely lead to another interest rate hike.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.
With buildings responsible for over 40% of emissions worldwide, the CEO of Kelvin breaks down how its technology can be used to retrofit traditional radiators.
After battling inflation for years, now U.S. consumers have to prepare for stagflation, and, unfortunately, it could be more complicated to fix than a typical
