Central Bank

Elon Musk Warns America That Biden’s Fed Is Tanking Economy

Elon Musk Warns America That Biden’s Fed Is Tanking Economy

Elon Musk has issued a warning to the American people that Democrat President Joe Biden's Federal Reserve is tanking the US economy. The warning from Musk comes amid rising concern about the Fed's poor monetary policy. On Monday, Wharton Business School professor Jeremy Siegel criticized the Federal Reserve and its…
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Bank of England Warns Lenders to Prepare for Coming Economic Storm

Bank of England Warns Lenders to Prepare for Coming Economic Storm

The Bank of England has issued a warning to lenders to prepare for a coming economic storm. In a warning Tuesday, the bank asserted that the global economic outlook has "deteriorated markedly." International institutions, such as the International Monetary Fund (IMF) and Organisation for Economic Co-operation and Development (OECD), say…
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UK Central Bank Hikes Interest Rates to Tackle Runaway Inflation

UK Central Bank Hikes Interest Rates to Tackle Runaway Inflation

The UK's central bank has raised its benchmark interest rate for the fifth time in a row as the country battles to tame the nation’s cost-of-living crisis. The bank has become the latest monetary authority to tighten in response to runaway inflation. Policymakers at the Bank of England (BOE) decided…
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