BRICS summit gives IMF gang a run for its money
It’s going to be a busy, tense and challenge-laden International Monetary Fund gathering in Washington this week.
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It’s going to be a busy, tense and challenge-laden International Monetary Fund gathering in Washington this week.
The upside-down nature of the global economy may reach new extremes if and when expected Federal Reserve rate cuts fail to weaken the US dollar.
The US and China’s agreement to name point people to handle future “financial stress events” in the world’s two biggest economies and beyond could hardly be better timed.
Anyone hating their job at the moment should spare a thought for Federal Reserve head Jerome Powell. In real time, investors can observe the extent to which Chairman Powell is confused about the direction of US interest rates.
WASHINGTON — Janet Yellen can’t be happy as bond guru Bill Gross shines a bright spotlight on a fast-emerging risk to US Treasury securities: the November election.