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Huileng Tan
22 Mar 2023, 16:25

Central banks' obsession with holding down wages has led to banks becoming 'collateral damage in a class war,' says GFC veteran economist

Central banks' obsession with holding down wages has led to banks becoming 'collateral damage in a class war,' says GFC veteran economist

Central banks' obsession with holding down wages has led to banks becoming 'collateral damage in a class war,' says GFC veteran economist

Ann Pettifor hit out at "the predicted and deplorable outcome of recent decisions by central bankers" who have hiked interest rates aggressively.

The 10 US cities where it's hardest to build affordable housing
Eliza Relman,Madison Hoff
22 Mar 2023, 01:11

The 10 US cities where it's hardest to build affordable housing

A new database created by the Eviction Lab at Princeton University ranks metro areas by how restrictive their housing and zoning policies are.

Treasury Secretary Janet Yellen said the SVB collapse is 'very different' from the 2008 crisis and that the financial system is 'significantly stronger than it was 15 years ago'
Juliana Kaplan,Ayelet Sheffey
21 Mar 2023, 22:02

Treasury Secretary Janet Yellen said the SVB collapse is 'very different' from the 2008 crisis and that the financial system is 'significantly stronger than it was 15 years ago'

The ghost of 2008's past has been haunting the SVB collapse, but Janet Yellen says it's not the same situation.