Fighting Global Inflation Could Put Developing Countries Into Financial Crisis

Font size Shoppers search for eggs at an open-air market in Rio de Janeiro, Brazil. Although Brazil’s central bank has been engaged in an aggressive tightening campaign for months, the country’s inflation rate was still 11.3% in March. Mary Magdalene Arrellaga/Bloomberg About the Authors: Indermit Gill is the World Bank’s Vice President for Equitable Growth, … Read more

Can the ECB fight inflation and financial fragmentation at the same time?

Font size The European Central Bank is working on a program to tackle “financial fragmentation”. Markets will want to read the fine print, writes Silvia Merler. Daniel Roland/AFP via Getty Images About the author: Silvia Merler is Head of ESG and Policy Research at Algebris Investments and Adjunct Lecturer in Economics of Global Markets at … Read more

El-Erian: ‘It’s Uncomfortably Possible’ The Fed Will Push Economy Into Recession – Yahoo Finance

El-Erian: ‘It’s Uncomfortably Possible’ The Fed Is Pushing The Economy Into RecessionYahoo Finance

LIVE: Powell Testifies Before Congress on the Economy and How the Fed Plans to Fight Inflation – 6/23/22 – CNBC Television

LIVE: Powell Testifies Before Congress on the Economy and How the Fed Plans to Fight Inflation – 6/23/22CNBC Television Elizabeth Warren to Fed Chair Jerome Powell: ‘Don’t drive this economy off a cliff’CNN Fed officials begin to embrace the possibility of a recessionYahoo Finance The reality is higher rates Slow growthReal vision Jerome Powell gets … Read more

Stock Market Today-6/23: Stocks Rise Higher Despite Recession Risk

Updated at 7:47 AM EST US stock futures rose higher on Thursday as oil prices and government bond yields resumed their recent declines as investors heeded the warning from Federal Reserve Chairman Jerome Powell that a near-term recession in the world’s largest economy is possible. Speaking before the Senate Banking Committee on Capitol Hill yesterday, … Read more

LIVE: Fed Chair Jerome Powell Testifies Before Senate Banking Committee on Monetary Policy – 6/22/22 – CNBC Television

LIVE: Fed Chair Jerome Powell Testifies Before Senate Banking Committee on Monetary Policy – 6/22/22CNBC Television Powell tells Congress the Fed is ‘strongly committed’ to curbing inflationCNBC Wall St opens lower, Powell’s Congressional testimony in focus By ReutersInvesting.com Dow Jones falls as Fed chief Powell minimizes recession risksInvestor’s Business Daily Live: Fed Chair Powell Testifies … Read more

Forbes on the economy: the clouds are darkening – Fox Business

Forbes on the economy: the clouds are getting darkerFox Business Steve Forbes: This should be the Fed’s next moveFox Business See full coverage on Google News

How Much Does Biden’s $1.9 Billion Bill Have To Do With Inflation?

President Biden’s US bailout is arguably his most significant legislative achievement in his first year and a half in office. But the sweeping $1.9 trillion COVID-19 relief bill is also at the center of a debate over raging inflation, with Republicans pointing the finger at Biden and his policies. The White House insists the bill … Read more