"If Trump raises interest rate US economy could implode,": Geopolitical Risk Advisor Col Douglas Macgregor says Trump must face reality and cease Iran conflict
Washington DC, May 30 -- The United States is yet to firmly commit to an end to the conflict in West Asia with President Trump's meeting on the latest round of negotiations not producing a firm okay from him. The conflict has resulted in deep economic stress not just for the world but also the United States.
A recent Reuters report stated that U.S. inflation had increased at its fastest pace in three years in April. This was driven by higher energy prices. Citing data from the US Commerce Department, Reuters reported that surging price pressures are eroding household income and threatening to restrain consumer spending. The report further state that Income at the disposal of American households dropped for a third straight month in April...
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