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IMF Cuts Global Growth Forecast

imf logo seen outside headquarters building washington 1114585778

the staff of the Ridgewood blog

Washington DC, the IMF projects global growth is slowing under the burden of high inflation, impact of Russia’s war in Ukraine and lingering effects of pandemic announced Pierre-Olivier Gourinchas, the IMF’s Chief Economist on Tuesday, October 11 in Washington, DC.

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Fed Chair Jerome H. Powell outlines the Federal Reserve’s response to technological advances in the global payment systems

Fed Chairman Jerome Powell2

the staff of the Ridgewood blog

Washington DC, Technological advances are driving rapid change in the global payments landscape. The Federal Reserve is studying these developments and exploring ways that it might refine its role as a core payment services provider and as the issuing authority for U.S. currency.

Continue reading Fed Chair Jerome H. Powell outlines the Federal Reserve’s response to technological advances in the global payment systems