Jerome Powell urges central banks to ‘forcefully’ raise interest rates in battle against inflation

Jerome Powell – MANDEL NGAN/ AFP The head of the Federal Reserve has warned US families to expect “pain” as he rallied central bankers around the world to continue cracking down on inflation wit...

Euro slips closer to parity as Goldman warns the ECB could respond more ‘forcefully’ to a weak currency’

As the euro moved ever closer toward parity on Tuesday, one big Wall Street bank warned that investors may be underestimating the firepower of the bloc’s central bank. Pressure resumed on the common c...

Goldman Sachs Sees Higher US Recession Risk Citing Concerns the Fed Will ‘Respond Forcefully’ to High Inflation – Economics Bitcoin News

Goldman Sachs’ economists now see an increased risk of a U.S. recession. “We are increasingly concerned that the Fed will feel compelled to respond forcefully to high headline inflation and consumer i...