Economy

Economy refers to the system by which a society produces, distributes, and consumes goods and services. It encompasses all the activities related to the production, distribution, and consumption of goods and services, including the ways in which resources are allocated, prices are determined, and income is distributed.

The economy can be divided into different sectors, including the primary sector (agriculture, fishing, and mining), the secondary sector (manufacturing and construction), and the tertiary sector (services such as healthcare, education, and finance).

inflation
Economy

Fed Reserve officials continue to see “significant” inflation risk that may require more rate hikes

August 17, 2023 Mark Paul Cervantes Comments Off on Fed Reserve officials continue to see “significant” inflation risk that may require more rate hikes

As recently as three weeks ago, most Federal Reserve officials said they still viewed high inflation as an ongoing threat that could merit additional interest rate increases. That’s according to the U.S. central bank’s July […]

Deflation
Economy

Deflation could soon hit the US as real estate and stock prices are at risk of crashing, economist says

August 17, 2023 Mark Paul Cervantes Comments Off on Deflation could soon hit the US as real estate and stock prices are at risk of crashing, economist says

The US economy could soon be at risk of deflation, according to Wermuth Asset Management. Wobbling commercial property values a correction of lofty stock valuations would drag prices lower. Disinflation could soo turn to deflation […]