Powell – Superior North LLC

Is High Inflation Around The Corner?

Posted by Vyomon March 29, 2020August 16, 2020in Economics, Investing, Macro EconomicsLeave a comment

As coronavirus outbreak has locked down many cities and states in the United States, unemployment is on a rise. According to the Department of Labor's news release on March 26, 2020, the seasonally adjusted initial unemployment claims was 3,283,000, an…

US Economy, Federal Reserve, And Interest Rates

Posted by Vyomon September 22, 2019August 16, 2020in Economics, Macro EconomicsLeave a comment

On September 18, 2019, the Federal Reserve decided to cut the interest rate by 0.25%. This has been the second rate cut of the year. Let me illustrate what is going on with an analogy. You can think of this…