Page 5 - Powell Fed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- The Federal Reserve may have to raise interest rates further to fight stubborn inflation amid a resilient US economy, according to Pacific Investment Management Co.’s Richard Clarida.Most Read from BloombergTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Israel Says Key Planner of Oct. 7 Attacks KilledWhat Happened Inside Morgan St

 The Federal Reserve is overcompensating for its loose pandemic monetary policy and setting the stage for a global recession.

A perfect storm is emerging in America’s turbulent bond market

The most surprising thing about news that global debt just hit a record $307 trillion is how little alarm it generated. But these figures suggest that governments everywhere have lost the plot on basic fiscal prudence.

US stocks continued their retreat on Thursday as investors worried over the Fed's hawkish stance.