#TIGHTENING News

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The ‘great remote work mismatch’ is here: Workers are looking for WFH roles that are dwindling before their eyes

fortune.com The ‘great remote work mismatch’ is here: Workers are looking for WFH roles that are dwindling before their eyes The push to return to normal has found the spark companies…

Elon Musk urges Fed to cut rates 'immediately,' or risk severe recession

foxbusiness.com Elon Musk called on the Federal Reserve to cut interest rates as soon as possible, warning that its aggressive tightening campaign this year raised the likelihood of a deep…

DoorDash is laying off around 1,250 corporate employees

engadget.com says it is laying off around 1,250 employees in the latest instance of belt tightening at a well-known tech company. CEO Tony Xu wrote that DoorDash sped up hiring during…

Top Canada banks post fall in profits as deals drought offsets rate boost

reuters.com (Reuters) -Royal Bank of Canada (RBC) and National Bank of Canada, two of the biggest banks in the country, posted a drop in profits as their market-focused businesses took…

Top Canada banks post fall in profits as deals drought offsets rate boost By Reuters

investing.com Breaking News (Reuters) -Royal Bank of Canada (RBC) and National Bank of Canada (OTC:NTIOF), two of the biggest banks in the country, posted a drop in profits as their…

October CPI: Inflation moderates, rising at annual 7.7% over last year

yahoo.com U.S. inflation eased slightly last month as the Federal Reserve raised interest rates to get a grip on prices that have surged at a historic pace. The Consumer Price Index…

Bank of Korea ready to readjust tightening pace, going by data

reuters.com SEOUL, Nov 30 (Reuters) - South Korea's central bank is ready to readjust the pace of its policy tightening to respond to an economic slowdown and a slumping property…

Markets are suddenly exuberant. Are they right to be?

economist.com Markets are suddenly exuberant. Are they right to be? Underlying economic conditions suggest reasons to be wary WITH THE inflation crisis well into its second year, a few…

Rates are rising at unprecedented speed. When will they bite?

economist.com Rates are rising at unprecedented speed. When will they bite? Long lags in monetary policy are no argument for inaction | Washington, DC If you want to impress central…

Emerging markets look unusually resilient

economist.com A welcome departure from previous rounds of tightening | Washington, DC The script is familiar. A Federal Reserve bent on taming inflation mercilessly raises rates. The…

America’s economy is too strong for its own good

economist.com Despite market turmoil, the Fed is set on relentless rate rises | Washington, DC Two days after the latest interest-rate rise, the seven governors of the Federal Reserve met…

Global rate rises are happening on an unprecedented scale

economist.com Rising inflation is a consequence of too much money chasing after a constrained supply of goods and services. Rate-raising central banks set out to slow growth by dampening…

A global manufacturing slowdown suggests worse is to come

economist.com A global manufacturing slowdown suggests worse is to come Recession would be brutal for countries that have still not recovered from covid-19 | Washington, DC “Is a global…

Fed officials in danger of splitting on future rate rises, warn economists

ft.com Some dovish policymakers fear monetary tightening campaign may end up going too far

Jeremy Siegel says recession is 'virtually 100%' if Fed hikes next year

businessinsider.com Jeremy Siegel thinks a recession is nearly guaranteed if the Federal Reserve keeps tightening into 2023. - He told CNBC on Tuesday that he expects a 50-basis-point hike in…

The Fed is making a 'complete mistake' by cutting down its balance sheet, Mizuho's chief economist says

businessinsider.com The Federal Reserve could be making a grave error by slashing its balance sheet through quantitative tightening, Mizuho's chief economist has warned. Reuters The Federal…

Global stocks brush off China protest concerns

ft.com Equities rebound despite Beijing’s tightening of stringent zero-Covid policies

Yardeni Says Curve Inversion Shows Bonds, Stocks Have Bottomed

yahoo.com (Bloomberg) -- The inversion of the US Treasury yield curve is flashing that long-term interest rates have peaked, stocks have bottomed out and the Federal Reserve’s policy…

Exclusive-South Korea's Yoon: should pay attention to any 'financial instability' By Reuters

investing.com By Soyoung Kim SEOUL (Reuters) - South Korea's government and the central bank should pay greater attention to addressing any financial instability as the economy is headed…

Rates and recession: European shares face rocky start to 2023: Reuters Poll

reuters.com MILAN, Nov 29 (Reuters) - Tightening financial conditions and the prospect of an economic recession are going to be a toxic brew for European shares going into 2023 with a…

Fed-Hawk Quadruple-Whammy Sends Stocks, Bonds, & Gold Lower

zerohedge.com Fed-Hawk Quadruple-Whammy Sends Stocks, Bonds, & Gold Lower After a long weekend, China set the market narrative with almost unprecedented scenes of dissent from the…

Goldman Sachs sees stocks enduring 'less pain but also no ga…

aol.com U.S. equity investors reeling from a disappointing year in the stock market may not have much to look forward to going into 2023, according to strategists at Goldman Sachs.…

It's not just housing

businessinsider.com Manufacturing could be the next sector to feel the brunt of the Federal Reserve's tightening campaign, according to Solus's chief economist Dan Greenhaus. REUTERS/Amit Dave…

Goldman Sachs sees stocks enduring 'less pain but also no gain' in 2023

yahoo.com U.S. equity investors reeling from a disappointing year in the stock market may not have much to look forward to going into 2023, according to strategists at Goldman Sachs.…

NZ faces 'shallow' recession as rates need to rise more

investing.com By Stella Qiu SYDNEY (Reuters) - New Zealand is likely facing a "shallow" recession as interest rates need to rise further to tame inflation, a top central banker said on…

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