Treasury Secretary Janet Yellen conceded Tuesday that interest rates may have to rise to keep a lid on the burgeoning growth of the U.S. economy brought on in part by trillions of dollars in government stimulus spending. “It may be that interest rates will have to rise somewhat to make sure that our economy doesn’t […] Read more
Growing inflation concerns, optimism the economy could surge and some technical factors are combining to drive interest rates higher at a rapid clip. But on Thursday, for the first time, the market has begun to question how long the Fed can stay on hold when the economy could come thundering back. Interest rates on the […] Read more
Europe is now grappling with a second wave of coronavirus infections that could once again wreak significant damage on the region’s economy. The euro zone, the area that shares the single currency, saw its economy tank by 11.8% in the second quarter of 2020, hit by strict lockdown measures used to contain the spread of the virus. […] Read more
India is one of the world’s worst hit countries in the coronavirus pandemic, with reported cases spiking in recent weeks as the country emerged from a strict nationwide lockdown. Cumulatively, India has reported more than 400,000 cases of infections since January. Though, relative to its population size, the percentage of infected individuals is still low. India […] Read more
