European Central Bank dove says rate hike may come during the third quarter
European Central Bank Governing Council member Ignazio Visco has added his voice to heated discussions on when the ECB will begin to raise its benchmark...
The Bank of Japan Faces a Challenge of ‘Historic Proportions’: Morgan Stanley
Jim Caron of the investment bank discusses the central bank’s commitment to its policy of yield curve control. [ad_2] Source link...
The Failure of Central Banking: Zombies
Commentary A zombie is an aberration, something that should not exist in the real world. Yet in modern economies, such creatures do exist. Zombies were...
Countries may want to diversify away from the U.S. dollar: Think tank
The U.S. has been “extremely trigger-happy” with stinging economic measures, and central banks may decide to diversify their portfolio of foreign reserves instead of relying...
Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address
U.S. Federal Reserve Chairman Jerome Powell addresses an online only news conference in a frame grab from U.S. Federal Reserve video broadcast from the Federal...
Federal Reserve approves first interest rate hike in more than three years, sees six more ahead
The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing...
Here’s everything the Fed is expected to do at its meeting this week
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, March 2, 2022....
Christine Lagarde speaking after the ECB’s latest rate decision
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Will Inflation Stay High for Decades? One Influential Economist Says Yes
When the global economy tanked in March 2020, the rate of inflation looked like it was heading to zero. That made it a surprising moment...
Inflation ‘could get out of control,’ calls for action
James Bullard Olivia Michael | CNBC NEW YORK — St. Louis Federal Reserve President James Bullard cautioned Thursday that without central bank action on interest...