Fed Should Hike to 5% or Higher to Curb Inflation, Dudley Says... (Bloomberg) -- Former Federal Reserve Bank of New York President Bill Dudley said the U.S. central bank should stop sugarcoating its message on how high interest rates need to go -- and how much pain that will cause -- to get inflation under control.Most Read from BloombergDont Bother Paying Off
ECB Signals Rate Hike As Soon As July To Combat Inflation... European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July to tackle soaring inflation, echoing the actions of other major central banks and heralding the end of the eurozone's cheap money era.The ECB should e
Russia Hit Ukriane With Hypersonic Missiles... The war in Ukraine by the powerful Russia is entering into another carriage as Russia military, for the first time, deployed her hypersonic missiles on the Ukrainian city of Odesa.%0d%0a