(Natural News) The Federal Reserve might adopt even “more restrictive” policies in the future if the latest interest rate hikes are unable to properly deal with the inflation crisis. Last month, Fed policymakers increased interest rates by 75 basis points (0.75 percent) and also supported the possibility of increasing the interest rate again in July […]

(Natural News) Wells Fargo CEO Charles Scharf warned that America’s economy is not prepared to deal with the Federal Reserve’s interest rate hikes. Scharf gave this warning during an interview on CNBC. It follows the Fed’s announcement that it will try to rein in out-of-control inflation with more rate hikes. Fed Chair Jerome Powell claimed this is […]

(Natural News) As the Federal Reserve attempts to crush aggregate demand through the most aggressive monetary tightening policies in decades to cool red-hot inflation, California Governor Gavin Newsom has come up with the brilliant idea to stoke even more demand through a new round of stimulus checks. “Millions of Californians will be receiving up to […]

(Natural News) The announcement that Russia has defaulted on its debt is an attempt by Western central banks to hide the fact that it is destroying the global financial system by flooding it with more newly printed money. Russia has supposedly defaulted on its external sovereign bonds for the first time since 1918. This is the culmination […]

(Natural News) An economic adviser to President Joe Biden claimed that more government spending is necessary for the United States to combat the inflation crisis. Cecilia Rouse, chair of the Council of Economic Advisers, made this claim during an interview with Joe Kernen, news anchor for the CNBC program “Squawk Box.” During the interview, Rouse was […]

(Natural News) Federal Reserve Chair Jerome Powell admitted in a speech that the American dollar is at risk of losing its standing as the world’s preeminent currency. He made this admission as he pushed for the United States to create a digital currency that he said would preserve the dollar’s status. Powell made this claim during a […]

(Natural News) Renowned economist Stephanie Pomboy has predicted that corporations will soon be beaten by an earning recession as many of them have not been able to pass high input costs to the inflation-tired public. In her recent appearance on the financial solutions program “Wealthion,” Pomboy explained that a measure that she relies on as a […]

(Natural News) Deutsche Bank CEO Christian Sewing has revealed that central banks around the world are forced to aggressively tighten their monetary policies to combat inflation because Europe and the U.S. face a high likelihood of recession. The U.S. Federal Reserve, European Central Bank (ECB), Swiss National Bank and the Bank of England have all made […]

(Natural News) Data from the recent Barclays research revealed that more Americans are beginning to resist spending on services, such as eating at restaurants and booking flights and accommodations. “All through 2022, the narrative has been that as [Wuhan coronavirus] COVID-19 faded, households would ramp up spending on services. This indeed has been true for […]

(Natural News) Most Republicans are well aware that Joe Biden did not beat Donald Trump in 2020, after spending most of the campaign in his basement and after Trump drew tens of thousands of people to every event he held. But of course, most are also too cowardly to admit it in public. That doesn’t […]