Former Treasury Secretary Lawrence Summers dismissed the optimism of former Federal Reserve Chairman Ben Bernanke, who recently said the central bank could likely fight off the next recession despite the low level of interest rates. Bernanke’s speech was “a kind of...
Former Federal Reserve Chairman Ben Bernanke delivered what he called “a relatively upbeat” assessment of the U.S. central bank’s ability to fight the next recession. While the Fed has limited room to cut short-term interest rates because they’re already so low,...
The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians
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