Surging oil prices are fueling inflation fears and potentially higher interest rates globally, causing Asian share markets to slide. Investors are seeking liquidity in the U.S. dollar as geopolitical tensions in the Middle East threaten prolonged energy cost increases. Central banks face a difficult inflation conundrum.
US Fed chair Kevin Warsh tells G20 that past global savings glut is turning into investment surge
Federal Reserve Chairman Kevin Warsh highlighted a remarkable surge in global investments that is driving robust economic growth across the globe. The reversal of previous