Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead
JPMorgan Chase CEO Jamie Dimon warned Friday that multiple challenges, primarily inflation and war, threaten an otherwise positive economic backdrop.
Economy asian news
India's economy can overtake China's if it can stay on track
Alicia Garcia-Herrero is chief economist for Asia-Pacific at investment bank Natixis in Hong Kong and an adjunct professor in the economics department of the Hong Kong University of Science and Technology.
AMD and Intel dip on report China told telecoms to remove foreign chips
Shares of Advanced Micro Devices and Intel dipped on Friday after The Wall Street Journal reported that China is ordering the country's largest telecommunications carriers to cease use of foreign chips.
Bank of England to scrap outdated inflation forecasting model in major overhaul after Fed boss’ review
LONDON — The Bank of England on Friday announced a "once in a generation" overhaul of its inflation forecasting following a long-awaited review by former Federal Reserve Chair Ben Bernanke.
UK economy posts 0.1% growth in February in further sign of recession rebound
LONDON — U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said Friday, providing another sign of a return to sluggish economic growth this year.