Federal Reserve Chairman Jerome Powell said on Monday that the central bank is prepared to take more aggressive measures to stabilize prices if necessary, as rampant inflation continues amid a relatively strong labor market. During an address to the National Association for Business Economics on Monday, Chairman Powell gave his strongest message about inflation to…
Powell Says Fed May Take More Aggressive Measures to Curb Inflation
UK Central Bank Chief Urges People Not to Ask for Raises to Fight Inflation
The Bank of England governor has recommended workers not to demand pay raises as the country battles decades-high inflation, and wage increases as such could result in a wage-price spiral that will end up hurting the economy even more. “I’m not saying nobody gets a pay rise, don’t get me wrong, but I think, what…
Warren Buffett’s Top Tips for Beating Inflation
By Brian Baker From Bankrate.com Warren Buffett has been thinking about inflation for a long time. The legendary 90-year-old investor had the dangers of inflation drilled into him by his Republican Congressman father, according to biographers, and has repeatedly commented on the subject throughout his investing career. “We’re seeing very substantial inflation,” Buffett said at…
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