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MFP Voices

The U.S. Federal Reserve Focuses On The Economy As The World Tilts Toward A Recession

“The U.S. Federal Reserve holds inordinate sway over the world’s economies,” MSU Finance Professor D. Brian Blank writes. “Its power is primarily because of the dominance of the U.S. dollar, which soared in recent months as the Fed’s aggressive interest rate hikes made the greenback more attractive to investors. But this has a downside for other countries because it is fueling inflation, raising the cost of borrowing and increasing the risk of a global recession.”

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MFP Voices

‘The Last Will Be First’: National Infrastructure Bank’s Plan for Failed Jackson Water System

HR 3339, a current bill in Congress, would create a $5-trillion National Infrastructure Bank to finance projects that federal, state and local governments cannot. This plan would allow Mississippi to receive up to $47 billion over 10 years to cover all infrastructure improvements, including roads, bridges, levees and dams, affordable housing, public transport and more, Alphecca Muttardy writes.

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MFP Voices

5 Things About The Fed’s Biggest Interest Rate Increase Since 1994 And How It Affects You

The Federal Reserve lifted interest rates by 0.75 percentage point on June 15, 2022, the third hike this year and the largest since 1994. The move is aimed at countering the fastest pace of inflation in over 40 years. What does this all mean? Finance scholar Brian Blank explains what the Fed is trying to do, whether it can succeed and what it means for you.

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News

GOP Candidates in MS-02 Offer Policies On Voting, Education, Economy

Two Republicans will go head-to-head for their party’s nomination in Mississippi’s 2nd congressional district after placing first and second in the June 7 primary. The candidates, Brian Flowers and Ron Eller, are vying for the chance to challenge incumbent Democratic U.S. House Rep. Bennie Thompson in November.

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