Fed’s Williams says inflation is too high but will start coming down soon
NEW YORK — New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it will start decelerating later this year. With markets on edge over the direction of monetary policy, Williams offered no clear indication of his position on possible interest rate cuts. Instead, he reiterated […]
Argentina markets dip as globetrotter Milei shakes up Cabinet
Argentina’s financial markets dipped on Tuesday after libertarian President Javier Milei, traveling on a U.S. tech tour, shook up his Cabinet, firing his chief of staff and bringing on board the architect of his government’s key economic reform package. The financial markets, which have rallied hard since Milei took office in December, saw bonds dip […]