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Significant additional risks. Speaking this morning, ahead of the Imf World Bank meeting in marrakesh, ms yellen said washington was monitoring the potential Economic Impact of the escalating conflict. While we are monitoring potential Economic Impacts from the crisis, im not really thinking of that as a major likely driver of the Global Economic outlook. So we will see what impact it has. Thus far, i dont think weve seen anything suggesting it would be very significant. Janet yellen speaking earlier. Joining me now is gregory peters, co chief Investment Officer at pgim fixed income. Thank you for being with us. Janet yellen says so far things are ok, that there are lots of moving parts right now, notabl ....
A day after top opec producer saudi arabia pledged to help stabilise the market. Overnight, the wall street major indices closed higher, the Us Central Bank has hinted it might hold steady on another Interest Rate hike as well. Federal reserve officials are embracing the higherfor Federal Reserve officials are embracing the higher for longer strategy, according to the newly released minutes from their september meeting. It shows that while officials are divided on the question of whether the Us Central Bank will hike Interest Rates again before the year is out, they all seem to think rates will remain high for some time. What the fed decides to taste the cost of borrowing in the us and has spill over for marke ....