Fed Chair Powell: The US economy may be more resistant to interest rates – CNN
Federal Reserve Chair Jerome Powell is leaving the door open for additional interest rate hikes to defeat inflation, he said Thursday. “We know that ongoing...
Author : Nelli Avetisyan
RBA Revises Up Near-Term Inflation Forecasts, Warns Inflation More Persistent – WSJ
The Reserve Bank of Australia sharply revised up its forecasts for core inflation in the near term and warned that inflation pressures are cooling at...
ECB makes case for keeping balance sheet big – The Financial Times
The European Central Bank must avoid shrinking its balance sheet too much, its chief economist has said, warning this could impair lending and threaten financial...
JPMorgan Switches On Programmable Payments Using Blockchain Tech – Bloomberg
One of the most high-profile blockchain systems in traditional banking has added a new feature that lets companies shift cash automatically. JPMorgan Chase & Co’s...
OpenAI says ChatGPT outages may be caused by targeted attack – CNN
OpenAI said recent outages of its viral ChatGPT chatbot could be caused by targeted attacks on its servers. The company wrote on its website Wednesday...
Why the Fed Shouldn’t Get Credit for the Fall in Inflation – WSJ
Does the Federal Reserve deserve credit for the decline in inflation? The economic evidence is clear: No, not a lot. On the face of it,...
Lloyd’s of London insurers dominate underwriting of fossil fuel projects, study shows – The Guardian
Insurers operating in the Lloyd’s of London market are the world’s biggest underwriters of fossil fuel projects, research has found. Fifty years after the insurance...
Big hedge funds pay ‘silly’ money, says founder of Europe’s largest manager – The Financial Times
The rise of multi-manager hedge funds has led to a “merry-go-round” of portfolio managers being offered “silly” amounts of money, according to the co-founder of...
Chatbots are so gullible, they’ll take directions from hackers – The Washington Post
Imagine that a chatbot is applying for a job as your personal assistant. The pros: This chatbot is powered by a cutting-edge large language model....
Demand Rises For Tokenized Green Finance – Global Finance
The COP28 conference offers a real opportunity to rethink how we look at green finance solutions, Atlas Capital Team’s Chief Economist Nouriel Roubini and CEO...