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Robert Sockin, chief US economist at PGIM, says the US economy needs two more rate hikes at a minimum and that “the broader direction is up” for interest rates even if the Federal Reserve does not move at this month’s meeting. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Barclays senior US economist Pooja Sriram said higher interest rates are a blunt tool that tighten financial conditions and hit rate-sensitive sectors such as housing and autos first.
BNY and Citadel Securities completed the first tokenized U.S. Treasury repo workflow on a major triparty platform.
The Nifty 50 closed at 22,622.70, down 99.25 points or 0.44%, while the Sensex fell 251.89 points to end at 72,781.89
The asset management firm’s adjusted earnings per share in the quarter rose 38 per cent from a year ago to US$15.93
The localization of specialty chemical production and a new membrane forensics laboratory reinforce H2O Innovation’s long-term commitment to Saudi Arabia and its water sector QUEBEC CITY, Oct.
