Our economic news summary includes interest rates and the Fed, inequality and developing nations, space travel innovation and consumer spending changes.
With the timing of the first Fed rate hike still a mystery, we can use the FOMC (Federal Open Market Committee) dot plots to predict when rates will rise.
Including the unemployment, quits and participation rates, Janet Yellen’s labor market indicators will help her decide whether to raise interest rates.
Coping with hyperinflation, Zimbabwe finally had to replace their currency with the US. dollar. A low inflation rate should be their monetary policy goal.
Shortages, long lines, and panic buying are several ways that hyperinflation is creating chaos for local and foreign firms and consumers in Venezuela.
econlife®
Connecting economics with everyday life.
Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.
