Tag Archive for: inflation

70% Of Americans Think A Recession Is Coming: Here’s What They Are Doing To Prepare

While experts debate whether a recession will happen or when, most people are already convinced we’re headed for a downturn, a recent survey finds. High inflation is one of the biggest risk factors that make people think an economic decline is coming. For steps you can take to reduce your costs, CLICK ON THE HEADLINE

80% Of Economists See ‘Stagflation’ As A Long-Term Risk. What It Is And How To Prepare For It

To have stagflation, you need both high unemployment and high inflation at the same time. Despite surveys sounding the alarm on stagflation, not everyone agrees it’s inevitable. CLICK ON THE HEADLINE FOR MORE

There May Still Be Hope For Monthly Child Tax Credit Payments In 2022. Here’s Why

While last year's push to expand the enhanced Child Tax Credit benefits was unsuccessful, it appears that lawmakers haven't given up the fight just yet — so there could still be hope for monthly tax credit payments in 2022. CLICK ON THE HEADLINE FOR MORE

What Is Economic Warfare And What It Means For U.S. Consumers

While the measures are beyond the historic norms, the U.S. has often used economic warfare in its history. The full effect on U.S. consumers as well as on the global markets is yet unknown, but experts predict the consequences of economic warfare can be wide-reaching. CLICK ON THE HEADLINE FOR MORE

Here’s How Just Thinking About Inflation Can Cause It. And The Fed May Take Notice

Until the past several months, the prices for these long-lasting durable goods had been steady. But waiting may cost a lot more as inflation pressures stick around. CLICK ON THE HEADLINE FOR MORE

2022 Tax Brackets: How Record-Breaking Inflation Will Affect Your Taxes

With the U.S. experiencing its highest inflation in 30 years, the IRS just announced that it’s adjusting the standard deduction, income tax rates and dozens of other tax provisions for 2022. CLICK ON THE HEADLINE FOR MORE