Fed shouldn’t back off rate hikes for fear of a downturn, Barkin says
admin The Federal Reserve shouldn’t stop raising interest rates for fear of a recession, said Richmond…
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Rate squeeze: Commercial-property CLO issuance tumbles 80% from peak
Issuance of a newer breed of real estate bonds designed to finance riskier commercial properties…
Read MoreHomebuilder Persimmon’s shares hit by sales drop, warning over ‘deteriorating’ economic outlook
Stock in giant U.K. homebuilder Persimmon tumbled on Tuesday after the FTSE 100 company posted…
Read MoreFed’s Barkin backs slower pace of interest-rate hikes
The Federal Reserve had been stepping on the gas in its effort to raise interest…
Read MoreFed’s Collins says too early to tell how high benchmark interest rate needs to go
It is important to shift the focus from the pace of interest rate rises to…
Read MoreU.S. job creation slowed to 261,000 last month — but it’s still too strong for the Fed
The numbers: The economy gained a surprisingly strong 261,000 new jobs in October, underscoring the…
Read MoreLatinos are crucial to the economy — but banks don’t always meet their needs
When it comes to banking, Mireya Olvera knows that Latino consumers want to feel understood…
Read MoreBridgewater’s Greg Jensen: ‘very significant global recession’ likely coming
On the first Sunday night of October, Greg Jensen hosted Ray Dalio at his New…
Read MoreU.S. factory orders rise in September, belying concerns of manufacturing slowdown
Orders for manufactured goods rose 0.3% in September, the Commerce Department said Thursday. The gain…
Read MoreThe economy is slowing — ISM service index drops to lowest level since U.S. lockdown in 2020
The numbers: An ISM barometer of business conditions at companies such as retailers and restaurants…
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