Fed’s Collins says policymakers can ‘proceed cautiously’ on future rate hikes
Boston Federal Reserve President Susan Collins on Wednesday advocated a patient approach to policymaking while saying she needs more evidence…
Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says
The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on…
‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation
The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over…
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest…
Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Since he took over the chair’s position at the Federal Reserve in 2018, Jerome Powell has used his annual addresses…
China’s deflation could spill over into a global concern, economists say
China’s economic challenges have given rise to deflationary pressures that present a global concern and are likely to accelerate in…
Fed officials see ‘upside risks’ to inflation possibly leading to more rate hikes, minutes show
Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes…
UBS ends Credit Suisse’s government and central bank protections
UBS on Friday said that it has ended a 9 billion Swiss franc ($10.27 billion) loss protection agreement and a…
Interest rates should stay around 5% for longer — even as inflation falls, top economist Jim O’Neill says
Veteran economist Jim O’Neill says central banks will need to keep interest rates up around 5% across major economies for…
Watch Governor Andrew Bailey speak after the Bank of England’s rate hike
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