US Fed chief says energy shock manageable for now but warns inflation risks could grow

US Fed chief says energy shock manageable for now but warns inflation risks could grow

The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices appears manageable for now. However, he cautioned that the situation could become more serious if people and businesses begin to expect inflation to stay high for a longer period. Speaking during an event at Harvard […]

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US Dollar Still Rules the Forex World — Despite the Noise

US Dollar Still Rules the Forex World — Despite the Noise

Bruce (Australia), Oct 1 – Despite the chatter about its decline, the US dollar is far from losing its crown as king of the foreign exchange (forex) market. In fact, the latest data proves it’s still very much the heavyweight champion of global finance. According to fresh figures released by the Bank for International Settlements […]

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