Central banks need to start raising interest rates to contain inflation and may have to act faster than in the past, the Bank for International Settlements said.
BusinessWeek.com — Finance
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon’s public questioning of Federal Reserve Chairman Ben S. Bernanke on bank regulatory costs has “thrown down the gauntlet” in the industry’s increasingly aggressive fight to curb higher capital requirements and other rules.
BusinessWeek.com — Finance
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon’s public questioning of Federal Reserve Chairman Ben S. Bernanke on bank regulatory costs has “thrown down the gauntlet” in the industry’s increasingly aggressive fight to curb higher capital requirements and other rules.
BusinessWeek.com — Finance
India’s central bank urged the government to cut subsidies that are preventing inflation from easing as Governor Duvvuri Subbarao increased interest rates for the seventh time in a year.
BusinessWeek.com — Finance
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