Fed hikes rates, inflation persists
1m
The Federal Reserve raised its benchmark interest rate by 0.25 percentage point, its first increase since 2023, the Fed said, citing persistent inflation and prompting mixed Asian-market reactions.
In a 6–3 vote by its Monetary Policy Committee, the Bank held interest rates steady at 3.75%.
With the Bank of Japan expected to hike tomorrow, and both the ...
1 of 2
In a 6–3 vote by its Monetary Policy Committee, the Bank held interest rates steady at 3.75%.
With the Bank of Japan expected to hike tomorrow, and both the ...
1 of 2
by Andrew Watt
(via Bianco)
| The New York Sun www.nysun.com/article/fed-...
| The New York Sun www.nysun.com/article/fed-...
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.
by Tim Stephens
Actually other countries are carrying the US thanks to its incredible level of government debt
www.smh.com.au/world/north-...
Actually other countries are carrying the US thanks to its incredible level of government debt
www.smh.com.au/world/north-...
Lemme platypus-splain:
www.youtube.com/watch?v=cLMJ...
Lemme platypus-splain:
www.youtube.com/watch?v=cLMJ...
Reposted by David Darmofal
www.wsj.com/livecoverage...
www.wsj.com/livecoverage...
www.nytimes.com/live/2026/09...
www.nytimes.com/live/2026/09...
Reposted by Francesco Saraceno