Fed expected to get more aggressive with interest rate hikes to curb inflation
April 22, 2022
“Inflation hawks” tend to argue for interest rate hikes in order to check inflation, whereas “doves” petition to keep rates low in order to stimulate economic growth. It appears as though the hawks are squawking loudest at present. The Federal Reserve last month raised the interest rate for the first time in over four years and many are now calling for stepping up the amount and frequency of the rate hikes to push back inflation, an issue that is front of mind with most Americans at present.
Recent News
Amazon Debuts New Streaming Ads on Prime
Amazon Ads has unveiled new ad formats for Prime Video users.
Babies“R”Us Is Returning to Some Kohl’s Stores
The openings should begin later in 2024.
Reddit Reveals New Policies and AI Licensing Ventures
Reddit Inc. has unveiled fresh guidelines governing data on its platform, aiming to bolster its revenue streams through licensing deals with AI developers and other firms.
April Retail Sales Showed Moderate Growth
Retail sales in April showed a modest uptick compared to the previous month, according to the latest CNBC/NRF Retail Monitor. However, a year-over-year decline was observed, attributed largely to the timing of Easter.