Tag: Federal Reserve Board
Economy
The head of the largest US bank expects the US economy and the world economy to enter recession within 6-9 months
Jamie Dimon, CEO of JPMorgan Chase & Co., said "serious" headwinds could push the US and global economies into recession by the middle of...
Economy
Bank of England raises interest rates by 50 basis points
The Bank of England raised its key interest rate by 50 basis points, raising it for the seventh time in a row in an...
Economy
Gulf central banks keep pace with the Fed by raising interest rates
The central banks of Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and the Sultanate of Oman announced immediate interest rate hikes following...