by Ken Chase | Apr 13, 2023 | Banks, News
International Monetary Fund (IMF) Chief Economist Pierre-Olivier Gourinchas recently told CNBC that the global economy continues to face severe challenges to growth. Despite an array of downside risks, however, he urged policy makers to continue to use the tools they...
by Ken Chase | Mar 24, 2023 | Financial, News
Estimated reading time: 2 minutes Federal Reserve Chair Jerome Powell announced yet another interest rate hike during a press conference on Wednesday. That announcement has been largely credited for a drop in the Dow Jones, as stocks plunged by more than 500 points....
by Ken Chase | Dec 29, 2022 | News
Estimated reading time: 2 minutes By: Ken Chase The world’s ongoing fight against stubbornly high inflation is likely to result in a global recession, according to economic forecasters from the Centre for Economics and Business Research (CEBR). The British consultancy...