Page 3 - அம்ப்ரோஸ் எவன்ஸ் ப்ரிசர்ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Be very careful: US inflation could soon be toxic for global markets The reopening sugar rush in the West might fade sooner than we hope, but right now the Fed is dangerously behind the curve 9 June 2021 • 7:00pm Deutsche Bank has come close to accusing the US Federal Reserve of an economic crime. It does not think the inflation strategy of the world’s superpower central bank is remotely credible. Nor do I. The language is unusual for a report by a big global lender: “chain of financial distress around the world”; “sitting on a time bomb”; “the effects could be devastating, particularly for the most vulnerable in society”. It stops short of flagging a synchronised equity and bond market crash, but that is the implication.

New yorkUnited statesRepublic ofCity ofUnited kingdomMatt kingTom porcelliLyndon johnsonJoe bidenBill dudleyLars christensenPaul volckerDavid folkerts landauFranklin rooseveltJay powellDeutsche bank jim reid