The time to fix the roof is while the sun is still shining. Before the economic situation goes from bad to worse, the impact of rising interest rates can be mitigated in a combination of ways.
The Fed has a mandate that keeps its focus on the U.S.
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The Fed’s recent rate hikes are contributing to higher prices and growing recession risks around the world, yet there are good reasons why the US central bank has to keep its focus domestic.
The credibility of John Major’s government arguably never recovered.
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Inflation remained near a 40-year high due to a jump in the cost of food and shelter. But that might not mean the Federal Reserve will get more aggressive when it comes to monetary policy.
The Bank of England, London.
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With a recession seeming imminent, many Canadians are rightfully concerned about the state of their finances. Here are some ways you can be prepared for one.
Inflation rates are currently rising, reflecting the increasing cost of goods and services.
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The US economy shrank for a second straight quarter. While some call that a recession or a strong sign of one, a financial economist explains why the term probably doesn’t yet apply.
Fed Chair Jerome Powell indicated further hikes to come.
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