Fed must try to avoid a ‘harsh recession,’ Daly says
admin The Federal Reserve does not need to induce a deep recession in order to bring…
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Why a soaring dollar is raising questions — and doubts— about a Plaza Accord-style intervention
The U.S. dollar’s historic rally is rattling investors and policy makers, raising questions, along with…
Read MoreFed’s Mester cool to talk of potential ‘pause’ in rate hikes
Cleveland Federal Reserve President Loretta Mester on Thursday pushed back on the notion that the…
Read MoreBank of England actions have no immediate implications for Fed policy, analyst says
The Bank of England’s dramatic about-face decision to temporarily buy bonds in an effort to…
Read MoreChina’s offshore yuan falls to record low against U.S. dollar
China’s currency hit its weakest ever offshore trading level against the U.S. dollar, with the…
Read MoreU.K. could trigger a global crisis as pound collapses while bond yields soar, Larry Summers says
““A currency crisis in a reserve currency could well have global consequences. I am surprised…
Read MoreCompanies are trying to blame weak earnings on the strong U.S. dollar, but that’s a lame excuse
Many corporations would have you believe that the strong U.S. dollar is why earnings targets…
Read MoreFed’s Mester says inflation is going to remain hard to predict
It is going to be difficult for Federal Reserve officials to discern signal from noise…
Read MoreFed’s Bostic says central bank hasn’t lost credibility with the public
The Federal Reserve hasn’t lost credibility with the broader public beyond Wall Street, Atlanta Fed…
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Amazon, Google stock-price targets fall as odds of a recession rise
Truist analyst Youssef Squali lowered his price targets and revenue estimates on some internet giants,…
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