Arthur Burns Sadly Isn't Around To Defend Himself Against Arthur Burns
The 1970s inflation was true inflation, a currency devaluation that Arthur Burns passionately opposed.
Source: forbes.com
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Gold Drops After Spiking To Record High of $2,130
As for gold, everything is suddenly going in its favor, and not only the violent resumption of the Israel-Hamas war
Source: oilprice.com
The Fed's credibility problem
CAMBRIDGE — Reacting to Silicon Valley Bank’s sudden collapse, André Esteves, a senior Brazilian banking executive, recently told Bloomberg that “SVB’s interest rate risk would’ve been obvious to any banking intern in Latin America”. To some, this remark will sound rather rich coming from a region that has had no shortage of banking-sector problems. Nonetheless, Esteves’s
Source: jordantimes.com
Interest rates: Why US inflation will defy gravity this time
Financial markets should get ready for rates higher for longer than hitherto anticipated due to the absence of factors to cause a sharp slowdown.
Source: afr.com