Funding & Business
Labor Market Seeing Supply & Demand Shocks: Rosengren
Eric Rosengren, former Boston Fed president, says Federal Reserve independence is critically important, noting that politicians often struggle to make the right decisions in the business cycle. He tells Romaine Bostick and Katie Greifeld on “The Close” that countries that lose central bank independence tend to face inflation problems. (Source: Bloomberg)
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This is what your gold is for.
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A second tanker carrying liquefied natural gas from a US-sanctioned Russian export plant arrived in China on Saturday, as Beijing continues to expand its relationship with Moscow in defiance of Washington.
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China is investigating Yi Huiman, its former top securities regulator, according to state broadcaster CCTV, more than a year after his surprise removal from the post.
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