For the last three years, the US and Europe have struggled with a specter unseen for a generation – inflation. Now it looks like the phantom may finally be fading. This week the US Federal Reserve, European Central Bank and the Bank of England all held interest rates steady and cautiously signaled that the fight to tamp down soaring prices may be coming to an end. Biden plans to use cold-war era law in attempt to lower US prices Read more “We’re seeing inflation making real progress. These are the things we have been wanting to see,” the Fed chair, Jerome Powell, said on Wednesday after announcing the central bank would once again…
