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Wall Street – The rising LIBOR and the global financial markets All that's affected by the rise in LIBOR

Pocket watch on pile of dollars

Federal Reserve Chairman Jerome Powell made it clear that his strategy on interest rate hikes will be guided by the real time performance of the US economy, not the estoric econometric models of the central bank’s staff monetary economists. Unlike Ben Bernanke, Alan Greenspan and Janet Yellen, Powell is not an economist but a former […]

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