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Fed Is Facing a Dilemma; In China, a Focus on Paying Down Debt By James Christie Good day. The Federal Reserve aims to avert a potential credit crunch while also fighting inflation, challenges typically demanding opposite policies. As things stand,...
Bank of Canada Resumes Rate Rises; Recession in Eurozone; Breaking Up With Superlow Mortgage Rates Is Hard to Do By James Christie Good day. The Bank of Canada ended a short-lived pause in...
RBA Raises Rates Once Again, Heaping Presure on Mortgages By Perry Cleveland-Peck The Reserve Bank of Australia announced its 12th rise in interest rates in just over a year earlier today, further ratcheting up stress levels on an already massively... | 07:31am
Recession in the U.S. Appears No Closer as Jobs Market and Spending Brush Off Fed Rate Increases By James Christie Good day. Despite the rise in interest rates imposed by the Federal Reserve to try to cool hot inflation in the U.S., Americans are s... | 07:18am
Central Banks Look to Raise Gold Reserves; Debt-Ceiling Agreement Faces Crucial First Test in House By Perry Cleveland-Peck Good day. Last year, central banks bought a record 1,136 metric tons of gold amid rising interest rates from key central ban... | 07:16am