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U.K. Prime Minister Rishi Sunak Calms Markets—for Now
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U.K. Prime Minister Rishi Sunak Calms Markets—for Now

The prime minister has managed to help calm markets by convincing investors that he won’t jeopardize financial stability. But he now faces the task of convincing them that he can steer the economy through stagflation.#U.K #Prime #Minister #Rishi #Sunak #Calms #Marketsfor Source link

Janet Yellen’s Learning Curve – WSJ
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Janet Yellen’s Learning Curve – WSJ

When Janet Yellen testified before a congressional commission almost a decade ago about the 2007-2009 global financial crisis, an interlocutor noted that she seemed to have seen trouble brewing in banks and mortgage markets before most others. In truth, she said, she hadn’t put the pieces together fast enough to stop the ensuing disaster. “I’m...

U.K. Chancellor to Release New Public Spending, Tax Policies
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U.K. Chancellor to Release New Public Spending, Tax Policies

LONDON—New U.K. Chancellor Jeremy Hunt will make a statement later Monday, unveiling new public spending and tax policies as he looks to reassure markets that were spooked by Prime Minister Liz Truss’s previous tax cutting plan. The statement is expected to reveal more details on which taxes will rise and where spending cuts will be...