IMF Economist Urges Continued Focus on Inflation

IMF Economist Urges Continued Focus on Inflation

International Monetary Fund (IMF) Chief Economist Pierre-Olivier Gourinchas recently told CNBC that the global economy continues to face severe challenges to growth. Despite an array of downside risks, however, he urged policy makers to continue to use the tools they...
Fed Chair Announces Another Rate Hike

Fed Chair Announces Another Rate Hike

Federal Reserve Chair Jerome Powell announced yet another interest rate hike during a press conference on Wednesday. That announcement has been largely credited for a drop in the Dow Jones, as stocks plunged by more than 500 points. Regional bank share prices helped...