Fed
Business
US Raises Interest Rates Despite Banking Crisis
The US central bank has raised its key interest rate by 0.25 percentage points, despite fears that the move could aggravate the global banking crisis.
Wednesday's rate rise is the ninth in a row by the Fed. It lifts its...
Economy
Calamos CEO John Koudounis: Fed’s Challenge to Secure “Soft Landing”
Calamos President & CEO John Koudounis cautioned on the need for a "soft landing" for the economy as the Federal Reserve (Fed) is widely expected to raise interest rates on Wednesday.
The Fed is expected to raise interest rates by...
Economy
Yanis Varoufakis Trashes Bitcoin But Lauds Blockchain in Exclusive Interview
Yanis Varoufakis lauded the idea behind blockchain, but said Bitcoin and other cryptocurrencies cannot and should not replace currencies