Fri, January 27, 2023

anne smith

Oil

Oil rises over 1%

On Thursday, oil increased by more than 1%, helped by hopes that China’s demand outlook and upcoming U.S. inflation data will indicate a slower rise in interest rates. After lifting strict COVID-19 strict curbs, top oil importer China is reopening its economy, boosting confidence that fuel demand will increase in 2023. Brent crude had risen …

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stock exchanges; global crisis written on paper – wibestbroker

How Will the 2023 Recession Differ from The 2008 Recession?

The early 1980s hyperinflation set the stage for the Fed’s current actions. The Federal Reserve raises interest rates and tightens the money supply to cool an overheated economy. This causes the economy to contract and ultimately leads to a burst of inflation at the expense of recession. The storm will hit at the end of …

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