At Jackson Hole, Post-Inflation Challenges Vex Central Bankers menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
According to European Central Bank president Christine Lagarde, “in this age of shifts and breaks … we do not yet know whether we are returning to the old world or entering a new one.”
THE world’s top central bankers stressed the need to keep interest rates high until inflation is contained and wrestled with deeper economic shifts that will make their jobs harder. At an annual Federal Reserve gathering in Jackson Hole, Wyoming, keynote speeches from Fed Chair Jerome Powell and European Central Bank President…
US could face higher interest rates over long term journalrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalrecord.com Daily Mail and Mail on Sunday newspapers.
A year ago, Chair Jerome Powell warned that to fight high inflation, the Federal Reserve would continue to sharply raise interest rates, bringing “some pain” in the form of job