BOE's Bailey Says Fiscal Policy Risks Becoming Less EffectiveBloombergTurkeyEconomic dataBank of England Governor Andrew Bailey warned that governments may be left helpless in the event of another downturn as their firepower is sapped by weak growth and a series of severe shocks. "Fisc...
Fed's Waller Sees Some Flexibility on Rate-Hike TimingBloombergTurkeyEconomic dataFederal Reserve Governor Christopher Waller said further interest-rate hikes will likely be needed to slow inflation. Speaking at an event organized by Turkey's central bank in Istanbul, Waller sai...