Inflation in the US continues to be painfully high for the average household and shows no sign of returning to normal anytime soon.

A new survey says two-thirds of Americans are wary of their country’s course ahead of the New Year.

US central bankers are expected to keep their inflation fight in high gear this week.

Independent Senator Bernie Sanders says the Federal Reserve System, which is the central banking system of the United States, is “hurting” the economy more than helping it.

In the United States, inflation has just hit a 40-year high, and is showing no signs of slowing.

When an economy contracts for two consecutive quarters one has a recession. Recession fears for the US have been ongoing for some time, despite President Joe Biden denial.

Most Americans believe country is in a poor economic state as oil companies have been asked to lower gas prices amid the lack of a reliable natural gas supply has caused countries around the world including the US to burn more coal for electricity.