#YonhapInfomax #InterestRateHikes #FederalReserve #TreasuryYields #MiddleEastConflict #DollarIndex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111050

Bank of Japan Deputy Governor Ryozo Himino states past rate hikes have had limited impact, with real rates still significantly negative and monetary policy remaining accommodative despite December's rate increase, while pledging gradual shift toward neutral stance
Australia's banking system is rigged in favor of the big banks, leading to record profits for them while everyday Aussies struggle with rising interest rates and mortgage repayments. The lack of competition in the banking sector allows banks to pass on costs to borrowers without sharing the benefits with savers, resulting in a massive transfer of wealth from the average punter to bank CEOs and shareholders
#BigBankProfits #AussieMortgageCrisis #BankingReform #InterestRateHikes
#RiggedBankingSystem #WealthTransfer #CostOfLivingCrisis #BankingCompetition
#CorporateGreed #CBA #westpac #NAB #ANZ
A succession of doctors attended Washington, each one bleeding him, until *more than half* of Washington's blood had been extracted, whereupon the country's father died:
https://timharford.com/2023/11/cautionary-tales-george-washingtons-beard-of-beetles-with-the-dollop/
Today, a different kind of quack is given free rein to bleed another Washington: central bankers like #JeromePowell sit in DC, bleeding the economy with #InterestRateHikes, in the name of preventing #inflation:
https://pluralistic.net/2022/12/14/medieval-bloodletters/#its-the-stupid-economy
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US #Fed pauses interest rate hikes amid rising bond yields - World Socialist Web Site
#InterestRates #InterestRateHikes #BondYields #GlobalBankingCrisis
The relative abundance of jobs is considered bad news in the perverse logic of financial markets because it makes further interest rate increases by central banks more likely.
#InterestRateHikes #Inflation #GlobalFinancialCrisis #FinancialCrisis
Global markets fall on reports of better than predicted hiring - World Socialist Web Site