Biden signals a tougher stance against Russia. Will it deter Putin from invading Ukraine?

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U.S. President Joe Biden’s move to put 8,500 troops on “heightened alert” for a potential deployment to Europe, along with a $200-million shipment of weapons to Ukraine, suggests he wants to signal he is taking a more aggressive approach toward Russia and the looming threat of a Ukraine invasion.The U.S. has ordered 8,500 troops on higher alert to…Continue Reading

Hawkish Fed signals it may have to raise rates sooner to fight inflation

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WASHINGTON: A “very tight” job market and unabated inflation might require the Federal Reserve to raise interest rates sooner than expected and begin reducing its overall asset holdings as a second brake on the economy, U.S. central bank policymakers said in their meeting last month. In a document released on Wednesday that markets took as…Continue Reading