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Fed’s Bowman expects more interest rate hikes to reach inflation goal

  Bloomberg The Federal Reserve will likely have to keep raising interest rates to rein in price growth, which could slow economic expansion and affect the jobs market, Governor Michelle Bowman said. “We are still far from achieving price stability, and I expect that it will be necessary to further tighten monetary policy to bring inflation down towards our goal,” ...

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Credit Suisse says rogue staffer took personnel, salary data

Bloomberg Credit Suisse Group AG warned part of its workforce that a former employee copied and took some of their personal data years ago, including descriptions of their compensation. The staffer, who had legitimate access to data at the time, transferred the information onto a personal device in breach of Credit Suisse policies and later left the company, the Swiss ...

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Policy head for Japan’s ruling LDP says monetary policy has room for reform

  Bloomberg The policy chief for Japan’s ruling Liberal Democratic Party (LDP) said the country’s easy monetary policy should be maintained, but has room for adjustment and reform. Koichi Hagiuda, head of the Policy Research Council at the LDP, made the comments on a program on national broadcaster NHK while discussing the imminent nomination of the Bank of Japan’s next ...

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