Tuesday, September 27, 2022

US Federal Reserve warns that reducing global inflation will be painful for families

The government believes that we are not on the verge of recession rather we are in a situation maximum economic uncertainty In which everything can happen from next autumn, and in winter when Putin turns off the gas tap. All indicators predict that Spain’s growth will be around 4% this yeara figure that, despite Sounds positive, it will not allow a normal distribution of wealth, World Institute, and Brussels also warn Western countries that they must Adjust your economies to a model of austerity and maximizing savings To deal with the coming crisis. And in this context, everything makes us suspect that once again it will be the most modest classes that will pay for the effects of the predicted tsunami.

thus Federal Reserve Chairman (irrigated), Jerome PowellThe U.S. acknowledged on Friday that it would need to maintain a “tough” monetary stance for some time to restore price stability.

In his opening speech at the Jackson Hole meeting of economic leaders in Wyoming, Powell nevertheless acknowledged that at some point Interest rates would be advised to “moderate the pace of growth”, And about the decision to be taken in September, he warned that it would depend on the data available at that time.

Spanish stock market closed in red mark

spanish bag Dropped 1.51% this Friday and has dropped by 8,100 points Wall Street affected by accident And from European markets after the Federal Reserve insisted on continuing to raise interest rates, according to market data.

In the worst fall since the beginning of November 2017, the Spanish stock market benchmark index, IBEX 35, got 123.6 marks In its eighth consecutive session of losses, that was 1.51% (the biggest percentage decrease since mid-July), 8,063.9 points, over the level at the beginning of August. It fell 3.29% in the week to year and 7.46% in the year.

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
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