November 1, 2024

MediaBizNet

Complete Australian News World

Hossam Dan: Is it time to pause raising interest rates?

Hossam Dan: Is it time to pause raising interest rates?

Central bank hawks can have a major and potentially disastrous effect on the dollar, international markets, and exchange rates. Photo/NZME

Opinion:

Central banks run the risk of causing an unnecessarily hard landing by raising interest rates too high and too quickly.

They seem to be reacting to the intense pressure of a frightened older generation

READ  The Federal Aviation Administration says the initial round of inspections of the 737 MAX has ended
READ  Stock futures fell as traders contemplate the prospects for higher interest rates
READ  Elon Musk is laying off more Twitter employees in the coming weeks: report