A 2022 Nobel laureate in economics says rapid interest-rate hikes pose a threat to the financial system
admin One of the three Nobel economics laureates, Douglas Diamond, said Monday that the rapid rise…
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A 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…
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 MoreInvestors lose confidence worldwide as aggressive rate hikes drive market volatility higher, State Street data says
Investor sentiment around the world took a hit in June, according to one measure, with…
Read MoreU.K. economy teetering on edge of recession, says Goldman Sachs
The U.K. is teetering on the edge of recession, say economists at Goldman Sachs, as…
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