Stay updated with breaking news from Demand Shock. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
UK Banks' Modest Valuations Look Attractive Ahead of 1Q 0951 GMT - U.K. banks are trading better than the market thinks but confidence will build gradually rather than in one worry-busting reporting season, says UBS in a note. "Though lenders are ... | 07:14am
The FTSE 100 closed Friday up 0.4% to 7,871 points, marking its eighth consecutive day in positive territory, supported by the financial-services sector, while investors' optimism that the Federal Reserve might cut interest rates later this year on the... | 12:05pm
Indonesia has managed to be one of the few countries in the world that sustained its economic performance even through a global aggregate demand shock
Powell, said that the fed is committed to getting inflation down to 2% annual growth. take a listen. >> to accomplish that, we think we will need to do two things in particular. to achieve a period of growth below trend, and some softening and labor market conditions to foster a better balance. >> to fix inflation, you need to slow down growth on the job market? how do you do that without hurting more people? >> there are two ways to fix inflation. part of it depends on what you think is driving inflation. so, if you think what is going on right now is that there is too many people, with too m...
People? >> there are actually two ways to fix inflation, and part of it depends on what you think is driving inflation. if you think what is going on right now is that there are too many people with too much money trying to buy too many goods, that's what economists would call a demand shock, then the way to reverse that would be to get people to spend a little less, and that's what high interest rates do. there is actually another approach to fighting inflation, and that's if you think prices are high today because of high gas prices due to putin invading ukraine, due to global supply chain a...