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You are here: Home / Archives for Jerome Powell

Jerome Powell

May Inflation Rate Raises Hope for ‘Soft Landing’; Fed Keeps Current Interest Rate

June 14, 2023 by Ted Leave a Comment

On the face of it, the inflation numbers for May seemed quite positive and an apparent validation of the Federal Reserve Board’s efforts to glide the economy into a “soft landing.” But the overall number, a 4% increase in the broader-based Consumer Price Index turned out to be a bit of an illusion, causing the Fed to leave interest rates at the current level, but forecast two more interest rate increases in 2023.

See more on inflation concerns

[Read more…] about May Inflation Rate Raises Hope for ‘Soft Landing’; Fed Keeps Current Interest Rate

Filed Under: Economic Trends Tagged With: Federal Reserve Board, inflation, Jerome Powell

A New Epidemic Sweeps Across America…Recession

June 10, 2020 by Ted Leave a Comment

economic downturn recession

I would hope that by now long time Strata-gee readers had already anticipated this day, and now it’s official that this day has come – the U.S. economy is in a recession. It really shouldn’t surprise anyone. However, I know that there are some I’ve spoken with who were expecting a “rubber ball” rebound where – almost magically – everything, including business levels, would bounce back to normal quickly. This seemed to be based more on wishful thinking, or just general optimism, rather than anything factually based.

I suspect some of those folks might be a little surprised to learn that the economy is sliding into recession.

Learn more about our 2020 recession…

[Read more…] about A New Epidemic Sweeps Across America…Recession

Filed Under: Economic Trends Tagged With: Federal Reserve Board, Jerome Powell, recession

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Here are My Top Stories from CEDIA Expo 23

Well, another CEDIA Expo is in the books and we return to our daily duties and … [Read More...] about Here are My Top Stories from CEDIA Expo 23

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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