[ad_1] De Guindos told CNBC the ECB will do “whatever is necessary” to tame inflation. Europa Press News | Europa Press | Getty Images It is crucial for the European Central Bank to convey its commitment to bringing prices down in order to keep inflation expectations anchored, according to its …
Read More »U.S. should pump more oil to avert war-level energy crisis: JPMorgan’s Jamie Dimon
[ad_1] Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Monday that the U.S. should forge ahead in pumping more oil and …
Read More »Layoffs loom on the horizon, some economists say
[ad_1] From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on the health of the U.S. economy. “There has been a lot of talk recently that we’re in a recession. We have two quarters of declining GDP that often happens …
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