Fed raises rates; stocks tumble
6m
The Federal Reserve raised interest rates for the first time in more than three years, and U.S. stocks fell sharply on Wall Street.
Full coverage: www.nytimes.com/live/2026/09...
#EconSky
Full coverage: www.nytimes.com/live/2026/09...
#EconSky
For years I've argued that this assumption misunderstands the structure of China's financial system. In China, credit expansion and repressed interest rates don't boost demand and prices. On the contrary, they boost supply, and so are disinflationary and tend to worsen the demand imbalances.
For years I've argued that this assumption misunderstands the structure of China's financial system. In China, credit expansion and repressed interest rates don't boost demand and prices. On the contrary, they boost supply, and so are disinflationary and tend to worsen the demand imbalances.
Reposted by Daniel W. Drezner, Richard Moorhead, Ann Bartow
WASHINGTON (AP) - Federal Reserve hikes key interest rate for 1st time in 3 years, defying Trump's demand for cut.
WASHINGTON (AP) - Federal Reserve hikes key interest rate for 1st time in 3 years, defying Trump's demand for cut.
by Elizabeth Warren Reposted by Juan Cole, Alan Richardson
by Mohamed A. El‐Erian Reposted by Steve Peers
Perhaps most surprising, however,...
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Perhaps most surprising, however,...
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Reposted by Francesco Saraceno
www.wsj.com/livecoverage...
www.wsj.com/livecoverage...
Reposted by Elizabeth Warren, Juan Cole, Alan Richardson
Reposted by David Darmofal
apnews.com/article/fede...
apnews.com/article/fede...
Reposted by James Goodwin