Fed’s Cook backs policy of higher-for-longer interest rates
admin New Federal Reserve Board Governor Lisa Cook on Thursday said she supports additional interest rate…
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IMF chief says central banks must keep tightening despite recession risks
Global central bankers need to continue to raise interest rates despite a fragile global economic…
Read MoreBank of England official says $1 trillion in pension fund investments could’ve been wiped out without intervention
A top Bank of England official confirmed for the first time that worries that a…
Read MoreFed’s Daly says more rate hikes needed, dismisses ‘pivot’ talk
The Federal Reserve needs to keep raising its benchmark interest rate in order to cool…
Read MoreGlobal economy will ‘crumble’ if Fed doesn’t stop hiking interest rates, billionaire investor Sternlicht says
““They are going to cause unbelievable calamities if they keep up their action, and not…
Read MoreFed’s Jefferson, in first speech, says elevated inflation is his chief concern
Philip Jefferson, one of the three newest members of the Federal Reserve board of governors,…
Read MoreFed’s Jefferson, in first speech, says elevated inflation is his chief concern
Philip Jefferson, one of the three newest members of the Federal Reserve board of governors,…
Read MoreRising interest rates, economic slowdown and higher unemployment will drive U.S. households to sell more stocks in 2023: Goldman Sachs
U.S. households, the largest buyer of stocks since 2020, are expected to sell more equities…
Read MoreA Bear Stearns moment awaits if actions like the Bank of England intervention don’t calm markets, BofA analysts say
The Bank of England may have stabilized the U.K. bond market by aggressive purchases of…
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Opinion: The Fed must act tough now to restore the credibility that it lost in a moment of weakness
CAMBRIDGE, England (Project Syndicate)—Financial markets’ reaction to the Federal Reserve’s latest policy move was reminiscent…
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