Top central bankers deliver hawkish message at Jackson Hole

Top central bankers deliver hawkish message at Jackson Hole
US Federal Reserve chair Jerome Powell arrives at the Jackson Hole conference (Image: Bloomberg)
Bloomberg
(Bloomberg) -- The world’s top central bankers delivered a stern and unified message on the need to curb inflation, declaring at Jackson Hole that it is broad based, here to stay and will require their forceful action. The heads of the Bank of England, Swiss National Bank, Bank of Japan, Bank of Korea and several European Central Bank policymakers spoke Saturday at the Kansas City Fed’s annual retreat in the Grand Teton National Park in Wyoming. Their statements follow remarks by US Federal Reserve chair Jerome Powell Frid...

More Bloomberg

OpenAI dissolves high-profile safety team after Sutskever’s Exit
Technology

OpenAI dissolves high-profile safety team after Sutskever’s Exit

OpenAI is now integrating the group more deeply across its research efforts.

Bloomberg 20 May 2024
Despite all those EVs, the demand for oil keeps on growing
Energy

Despite all those EVs, the demand for oil keeps on growing

Fuel efficiency and green initiatives haven’t slaked the world’s thirst for crude.

Bloomberg 18 May 2024
With a BlackRock CEO, US$9t Vanguard braces for turbulence
Bloomberg

With a BlackRock CEO, US$9t Vanguard braces for turbulence

The House of Bogle handing the reins to Salim Ramji sends a clear message.

Bloomberg 17 May 2024