Wall Street Week: BlackRock’s Rieder Sees ‘Exceptional Economy’

Articles Wall Street Week: BlackRock’s Rieder Sees ‘Exceptional Economy’ Finance I December 16, 2023 Summary He says Powell waved a ‘checkered flag’ on rising rates — and credit losses A ‘pretty incredible’ Fed pivot Jerome Powell and his Federal Reserve colleagues certainly got markets’ attention when they dialed up the number of rate cuts they anticipate next […]

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Charting the Global Economy: Central Banks Diverge on Policy Path

Articles Charting the Global Economy: Central Banks Diverge on Policy Path Major Points Argentina’s inflation soared above 160% in November ahead of President Javier Milei’s massive currency devaluation that’s likely to accelerate price increases ever further this month. The first days of December have already seen price increases of 15% compared with a month earlier,

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