Category: US economy

Economist Peter Schiff: Complete Separation of US-China Economies Would Be ‘a Disaster for America’

November 11, 2023 Caden

Economist Peter Schiff has warned that a complete separation of the Chinese and U.S. economies would be “a disaster for America, but a boon for China.” He explained: “Americans would be stuck with fewer goods and higher prices, while the Chinese would be rewarded with more goods and lower prices.” Peter Schiff on U.S.-China Decoupling…

China, Chinese Economy, Dollar, Economics, Peter Schiff, US economy, US-China decoupling, us-china relations, USD

Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down

June 21, 2022January 27, 2023 Caden

Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained that while it will take two years, inflation “will be moving down.” A 2%…

2%, Ben Bernanke, Central Bank, Cleveland Fed branch president, Economics, Fed, Fed president, Federal Reserve, growth, Housing, inflation rate, Inflation rising, Loretta Mester, Monetary Policy, No recession, rate hikes, rates, Recession, Slow Growth, spending, US Central Bank, US Dollar, US economy