Economy

P&G CEO: Shoppers are not Balking at Price Increases

So far, Procter & Gamble (PG) is seeing little resistance from shoppers to inflation-driven price increases it has taken in recent months.

Markets Tremble at Fed’s Unprecedented Double-Edged Tightening

The effects on markets and the economy of combining the two aspects of monetary tightening in quick succession are unknown.

Oaktree’s Marks Says Inflation Is ‘Excessive,’ Higher Rates Overdue

“I am worried about inflation. Inflation is excessive,” Marks said “Higher inflation means higher interest rates..."

What Strategists See for Markets as Treasury Yields Spike

Treasury yields are quickly moving higher as investor expectations grow that the Federal Reserve will raise interest rates in March.

Traders Weigh Bigger Fed Rate Hike in March as U.S. Yields Soar

Focus is sharpening on the Fed’s March meeting, with markets starting to consider pricing more than a 25-basis-point increase.

Fed Needs Half-Point Rate Hike to Regain Credibility: Ackman

Ackman says Federal Reserve is losing its battle against inflation and should raise its key interest rate by a bigger-than-expected 50 basis points.

Chinese State Media Tout Ray Dalio’s Claim that ‘U.S. Could Benefit from’ Beijing’s ‘Common Prosperity’ Program

“Common prosperity is a good thing,” Dalio said at UBS Group AG’s Greater China Conference. “It’s another way of saying prosperity for most people."