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Jenni Reid on Muck Rack

Jenni Reid

London
As seen in: CNBC World, MSN, MSN Australia, MSN Ireland, MSN Malaysia, MSN Money Canada, MSN Philippines, MSN Singapore, Aol, CNBC, NBC News and
Online news at CNBC International. Get in touch jenni.reid@nbcuni.com

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New York Fed’s Williams says it's 'reasonable' to expect another rate hike by year-end

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By Jenni Reid
| MSN Verified
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New York Fed's Williams says it's 'reasonable' to expect another rate hike by year-end

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By Jenni Reid
| MSN Verified
New York Fed President John Williams said another interest rate hike this year would be a “reasonable” expectation. Williams said the Fed is done with explicit forward guidance, saying policymakers will instead assess incoming data before deciding on future moves. Markets are pricing in a greater chance of another hike, with CME Group's FedWatch tool putting the probability of an October increase at 77.5% on Thursday.
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Global debt tops $365 trillion as economists sound alarm over vicious cycle

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By Jenni Reid
| MSN Verified
Governments are trapped in a "vicious cycle" as large deficits meet rising interest expenses but are not met by political will to tackle the situation, the Institute of International Finance has warned. The U.S., Japan, France and U.K. are facing the challenges typically met by emerging markets, while interest payments by advanced economies have topped global spending on AI, defense or clean technology.
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