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Search results for: "Interest rate". 2 articles found.

Debt-hungry Americans focking to Europe as interest rate cuts fuel $33bn 'Reverse Yankee'

Fortune - 19 hours 12 min ago
Issuance of European debt could be on track to break records as the Eurozone gets the jump against the Fed in cutting rates.
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Federal Reserve Chair Jerome Powell working from home after testing positive for COVID-19

Associated Press - 21 hours 53 min ago
Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing related symptoms. Powell tested positive late Thursday. "Following Centers for Disease Control and Prevention guidance, he is staying away from others and working at home," a Fed spokesperson said. Powell was a participant in a panel discussion in Amsterdam on Tuesday, where he said that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored...
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