Archive for March 10th, 2023

New Overnight Developments Abroad - Daily Update

Escalating Fear of a U.S. and Global Inflation

March 10, 2023

The subordination of U.S. monetary policy to an automatic formula tied to money growth in the early 1980’s was a politically effective way to put the economy in a deep recession and finally set inflation on a downward course. Nothing that drastic has been done yet, but investors are increasingly convinced that price stability can […] More