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Surprise OPEC oil production cut sends price towards $100 and puts ‘renewed pressure on the Federal Reserve to keep hiking rates aggressively’
Finance
Surprise OPEC oil production cut sends price towards $100 and puts ‘renewed pressure on the Federal Reserve to keep hiking rates aggressively’
By Elaine Kurtenbach and The Associated PressApril 3, 2023
Economist Nouriel Roubini
Finance
Wall Street’s ‘Dr. Doom’ sees ‘Bermuda Triangle’ of risks for economy and warns of a 2008-like crisis 
By Steve MollmanMarch 23, 2023
Tesla CEO Elon Musk
Finance
Elon Musk says Jerome Powell is so bad at his job that GPT-4 would be a better Fed chair: ‘This foolish rate hike will worsen depositor flight’
By Steve MollmanMarch 23, 2023
Goldman Sachs says Fed will hit the brakes on interest rate hikes because of Silicon Valley Bank collapse
Finance
Goldman Sachs says Fed will hit the brakes on interest rate hikes because of Silicon Valley Bank collapse
By Christopher Anstey, Garfield Reynolds and BloombergMarch 13, 2023
Fed policymakers were nearly unanimous about a 25 basis points rate hike just weeks ago. But the inflation picture has become a lot more daunting
Finance
Fed policymakers were nearly unanimous about a 25 basis points rate hike just weeks ago. But the inflation picture has become a lot more daunting
By Christopher Rugaber and The Associated PressFebruary 22, 2023
Jerome Powell
Finance
The Fed raises interest rates by one quarter of a percentage point and says there’s more to come
By The Associated Press and Christopher RugaberFebruary 1, 2023
Fed chair Powell expected to caution investors hoping for interest rate easing that bank’s inflation fight is far from over
Finance
Fed chair Powell expected to caution investors hoping for interest rate easing that bank’s inflation fight is far from over
By Christopher Rugaber and The Associated PressFebruary 1, 2023
David Solomon, chief executive officer of Goldman Sachs Inc., speaking during a Bloomberg interview in 2021
Finance
‘There’s more volatility on the horizon’: Goldman Sachs CEO says there is a ‘good chance’ for a recession as bank plans massive reorganization
By Tristan BoveOctober 18, 2022
Charles Evans, president of the Federal Reserve Bank of Chicago, speaking on stage
Finance
‘There could be shocks, there could be other difficulties.’ Fed official says the U.S. could still avoid a recession, but is ‘nervous’ about fast interest rate hikes
By Tristan BoveSeptember 27, 2022
Wide shot of pedestrians passing in front of closed shops in London
Finance
Economic growth could grind to a halt and spark global recession next year, OECD says
By Tristan BoveSeptember 26, 2022
Upper body shot of British economic historian Adam Tooze
Finance
A ‘classic moment of failed technocracy’ is rocketing us all towards a global recession, according to Adam Tooze, the internet’s favorite economic historian
By Tristan BoveSeptember 23, 2022
Elon Musk has gone from worrying about inflation to worrying about the opposite awfully fast
Finance
Elon Musk has gone from worrying about inflation to worrying about the opposite awfully fast
By Prarthana PrakashSeptember 12, 2022
Top economist Jeffrey Sachs predicts inflation will stay high and the Fed will keep raising rates. The Fed seems to agree
Finance
Top economist Jeffrey Sachs predicts inflation will stay high and the Fed will keep raising rates. The Fed seems to agree
By Alena BotrosAugust 17, 2022
FTX CEO Sam Bankman-Fried says the end of crypto winter is just around the corner, unless this happens
The Coins
FTX CEO Sam Bankman-Fried says the end of crypto winter is just around the corner, unless this happens
By Marco Quiroz-GutierrezAugust 6, 2022
Former Federal Reserve Governor Randall Kroszner speaking at a Senate Banking HEaring in 2012.
Finance
U.S. recession is possible, but likely won’t be ‘devastating,’ former Federal Reserve governor says
By Tristan BoveAugust 4, 2022
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