SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed with the ...
Read More »The Fed’s messaging needs an upgrade
Federal Reserve Chairman Jerome Powell’s speech at last week’s central banking conference in Jackson Hole, Wyoming, was brief — but financial markets took notice. The S&P 500 fell sharply as investors adjusted their thinking on how tough the Fed was willing to be to get inflation back under control. Powell underlined that restoring price stability is the Fed’s “overarching focus†...
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