Institutional Investor (April 1)
“In March, the Bank of Japan made the seismic decision to raise interest rates for the first time in 17 years. The long-awaited shift to positive rates has excited some of the country’s leading chief executives.”
Tags: 17 years, BOJ, Chief executives, Decision, Excited, Interest rates, Japan, Leading, Long-awaited, March, Positive rates, Raise, Seismic, Shift
Bloomberg (June 15)
The Federal Reserve “must do more than raise rates by 75 points.” It needs to “regain control of the inflation narrative to avoid inflicting more economic damage and to restore its credibility.”
Tags: 75 points, Credibility, Economic damage, Fed, Inflation narrative, Raise, Rates, Regain control, Restore
New York Times (September 12)
“Teachers’ strikes, because they hurt children and their families, are never a good idea. The strike that has roiled the civic climate in Chicago — and left 350,000 children without classes — seems particularly senseless.” Chicago had offered the teachers, who make an average annual salary of $75,000, a 16% pay raise over a 4-year period.
