Prices in the U.S. Are Rising at the Fastest Pace in Years | Officials at the central bank have embraced the possibility of higher interest rates to get resurgent inflation under control.

silence7@slrpnk.net · 3 days ago

Prices in the U.S. Are Rising at the Fastest Pace in Years | Officials at the central bank have embraced the possibility of higher interest rates to get resurgent inflation under control.

N0t_5ure@lemmy.world · 2 days ago

The exodus from the dollar is already well underway. There is a reason gold has been on an epic bull run, as central banks have largely been the driver. Gold holdings now exceed U.S. bond holdings by foreign central banks. Moreover, the U.S. insolvency is already barrelling down the tracks at us. I think there is a high probability that the shit hits the fan in the fall. We’re living in interesting times…

Prices in the U.S. Are Rising at the Fastest Pace in Years | Officials at the central bank have embraced the possibility of higher interest rates to get resurgent inflation under control.

Prices in the U.S. Are Rising at the Fastest Pace in Years | Officials at the central bank have embraced the possibility of higher interest rates to get resurgent inflation under control.

nytimes.com