“What unites the midterm election results, the recommendations of the bipartisan deficit reduction commission, the Federal Reserve’s decision to spend another $600 billion to keep interest rates down, the fai
And from another part of the world, Australia has raised interest rates and is talking of a windfall tax on its profitable banks. I think that’s reasonable considering what the Australian government did to ensure those profits through finance guarantees and the stimulus budget. Maybe the Obama ...
KSFE Pravasi Chit employees conference at Tagore Centennary Hall in Kozhikode,today.The fund raising is in association with the newly launched KIFBI,said the minister. In three years time,10 lakh members are expected to join in the scheme,the minister added. Pravasis need not contribute any ...
Citadel founder Ken Griffin said the Federal Reserve risks a hit to its reputation if it cuts interest rates too quickly. “The Fed needs to have the message that they will put the inflation genie back in the bottle,” Griffin said Tuesday in a wide-ranging interview at his firm’...