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49%  
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Keyword: christiaanhetzner

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  • Donald Trump promised to tackle cost-of-living crisis—now he’s risking inflation by demanding interest rates drop ‘immediately’

    01/26/2025 3:31:53 PM PST · by Mariner · 56 replies
    Fortune via Yahoo ^ | January 26th, 2025 | Christiaan Hetzner
    The problem with promising all things to all people is that eventually tradeoffs become inevitable.While running for president, Donald Trump pledged he would tackle the scourge of inflation that sparked a cost-of-living crisis for many Americans, while simultaneously leading the country to record wealth and prosperity—a difficult balancing act to pull off.Now, just three days into his new administration, he’s already pressuring Federal Reserve Chair Jay Powell to stimulate the economy by reducing the cost of borrowing. This comes in spite of the U.S. central bank’s concerns that recent consumer price data is coming in hotter than it would like.“I’ll...
  • Raid Russia’s ‘huge pot of gold’? Europe grapples over confiscating frozen assets to pay for rebuilding Ukraine

    10/25/2022 2:17:16 PM PDT · by dennisw · 78 replies
    MSN ^ | 10-25 | Christiaan Hetzner
    Can Brussels raid the tens of billions of euros in Russian assets frozen by the European Union to pay for Ukraine’s recovery? This thorny legal question is currently under examination by the EU Commission as the cash-strapped bloc looks for potentially €18 billion ($18 billion) next year to keep Ukraine afloat as it fends off Moscow’s invasion. Ursula von der Leyen, the EU Commission's president, told reporters on Tuesday in Berlin that she had set up a task force to both map what assets exist as well as the preconditions that must be met to seize them. “The will is...