Economy Week Ahead: Interest Rates and Jobs Market in Focus

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Among economic-news releases this week, S&P Global and the Institute for Supply Management release surveys of purchasing managers gauging U.S. manufacturing-sector activity

The Federal Reserve is likely to raise its benchmark rate by another 0.75 percentage point as it attempts to cool the economy and bring down high inflation.

The Federal Reserve is likely to raise its benchmark rate by another 0.75 percentage point as it attempts to cool the economy and bring down high inflation
 

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The manipulation of interest rates to rig the economy is why the Fed fails, and why they create the boom and bust cycles every few years. Interest rates should be determined by the market and people’s time preferences (saving vs. consuming). EndtheFed

As soon as the Republicans take the House and likely the Senate, the media will suddenly start pushing the recession, blaming it on Republicans.

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