Higher, Longer Rates Shock Investors: Stock Market Faces Sudden Slump!
The global financial markets are slowly adjusting to the realization that the United States interest rates are poised to stay higher for an extended period. This change in perspective can be traced back to the extraordinary private-sector jobs report of June that was released on Thursday by ADP. Additionally, the projections of another impressive official […]
“Global Banking Stress? No Worries — Rate Hike Pause was Inevitable, Experts Reveal!”
Recently, the Reserve Bank of Australia (RBA) Deputy Governor, Michele Bullock, took part in the Western Economic Association International Conference in Melbourne. The discussion panel she joined was titled “Monetary policy since the pandemic: What lessons have we learned?“”. The conversation delved into how the RBA has been navigating the unprecedented economic challenges brought about […]