Recession risks rise for Biden and Democrats

Recession risks rise for Biden and Democrats

[ad_1] Other midsize banks including PacWest, Western Alliance and Zions came under heavy investor pressure late last week as Wall street probed for possible next victims in the rolling crisis, created in part by the Fed jacking up interest rates ten consecutive times to the highest level since 2007. The Fed bumped up rates another…

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Sitharaman meets IMF’s Gita Gopinath, discusses downside risks to economy

Sitharaman meets IMF’s Gita Gopinath, discusses downside risks to economy

[ad_1] Sitharaman meets IMF’s Gita Gopinath New Delhi: Union Finance minister Nirmala Sitharaman met IMF Deputy Managing Director Gita Gopinath in Washington D.C., during which she noted the monetary body’s concerns on key downside risks to the economy including financial sector stress, inflation and geo-political fragmentation as well as faltering growth in China. The meeting…

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