Potential Recession Threat: Local Economist

Many economists expect a 2024 recession, but LaGrange College vice president for academic affairs and economist Dr. Brian Peterson is optimistic. Peterson says there is no immediate recession risk because employment is high, prices are average, and GDP is growing. The Fed’s unwillingness to alter interest rates soon boosts the outlook. Post-Pandemic Economic Trends: Consumer … Read more

Fed Chairman To Deal Criticisms Following Recent Policy Decisions and Actions Over Interest Rates, Inflation

Jerome Powell

The Fed chairman will deal with criticisms following the recent policy decisions and actions over interest rates and inflation. Fed Chairman Will Testify Before Congress Following Interest Rates and Inflation Decisions Fed Chairman Jerome Powell will testify before Congress to answer questions about the Federal Reserve’s recent decisions and actions on interest rates and inflation … Read more