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Japan’s Economy Is Growing, but Political Uncertainty Poses Risks

Image Source Japan’s economy continues to show signs of recovery, with growth reaching an annualized rate of 2.9% in the April-June 2024 quarter. Though this figure is slightly below the previously reported 3.1%, it reflects a steady upward trajectory driven... Read More

Nobel Laureate Joseph Stiglitz Criticizes Fed’s Interest Rate Hikes, Calls for Major Cut

Image Source Nobel Prize-winning economist Joseph Stiglitz recently voiced strong criticism of the U.S. Federal Reserve’s handling of interest rate hikes, arguing that the central bank’s rapid rate increases have been excessive and counterproductive. According to Stiglitz, the Fed’s aggressive... Read More

Yellen Says U.S. Economy Remains Solid, On Path to ‘Soft Landing’ with No Meaningful Layoffs

Image Source In a reassuring message to the public and investors, Treasury Secretary Janet Yellen expressed confidence in the resilience of the U.S. economy despite recent concerns stemming from weaker job reports. Speaking on Saturday, Yellen emphasized that the economy... Read More