El Salvador’s Pro-Bitcoin President Questions US Monetary Policy, Fed’s Inflation Index Meets Forecast, Americans Fear Debt Crisis And More: Economics Weekly Round-Up
The week was peppered with crucial financial updates and forecasts. Of particular note were the U.S. Federal Reserve’s preferred inflation gauge meeting expectations and the escalating fears of Americans regarding the national debt crisis. Additionally, the market was rife with speculation concerning the possibility of a recession, a potential second term for Trump, and probing questions about the US monetary policy from El Salvador’s President. Fed’s Inflation Gauge Aligns With Predictions, signifying progression toward the 2% inflation target. The Personal Consumption Expenditure (PCE) price…
