Presently placid, the Fed is readying another shock
Neel Kashkari, who successfully steered through the financial crisis of 2008, is now deeply concerned about the risks posed by inflation as a U.S. monetary policymaker. In an interview last week, as the president of the Federal Reserve Bank of Minneapolis, Kashkari expressed a preference for being more aggressive in curbing inflation. The persistence of […]
Minor investors rejoice upon Chinese market rebound
China’s hopes for a strong post-pandemic recovery are dwindling as small-scale investors in the country are becoming increasingly bearish on equities. Instead of risking their savings in the stock market, these investors are opting for safer assets, exacerbating the struggles of the country’s faltering economic rebound. Earlier in the year, brokers and money managers anticipated […]