[ad_1] But high global uncertainty prevails. How long will the Gaza accord last? War is still ongoing in Ukraine, as are civil wars in Sudan and Congo. Most disruptive of all, US President Donald Trump’s inaugural address made clear that he will do much of what he had threatened—massive deportation of illegal and legal migrants;…
[ad_1] Anticipation of imminent cuts rose after the Jackson Hole huddle of central bankers and economists, an occasion that market participants across the world were watching for cues. “The time has come for policy to adjust,” Fed chair Jerome Powell said in his speech, adding that “the direction of travel is clear, and the timing…
[ad_1] Welcome to Jackson Hole week. It’s a week in which Wyoming becomes the centre of the policy world as it hosts a large group of central bankers, academics and media. The gathering, organized by the Federal Reserve Bank of Kansas City, discusses recent developments, policy issues, and the implications for central banks. The session…
