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London: Warning that the global economy is on the brink of a situation similar to the Great Depression of the 1930s, Reserve Bank of India Governor Raghuram Rajan has asked central banks from across the world to define "new rules of the game" to avert a repeat of the recent global financial crisis. "I do
Federal Reserve Chair Jerome Powell speaks Wednesday to the Stanford Business, Government and Society forum.
The 10-year U.S. Treasury yield fell slightly on Tuesday as investors weighed the previous day's data points and looked ahead to key inflation figures.
The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa's largest economy looks to recover from a historic currency crisis and soaring inflation.
As the Federal Reserve prepares to lower interest rates, the central bank is being particularly careful about not repeating past mistakes, experts say.