Salem Radio Network News Wednesday, February 8, 2023

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WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that if the U.S. job market further strengthens in the coming months or inflation readings accelerate, the Fed might have to raise its benchmark interest rate higher than it now projects. Powell’s remarks followed the government’s...
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Britcoin? UK gets closer to launching a digital currency

LONDON (AP) — Britcoin is moving closer to reality. U.K. authorities on Monday said British businesses and consumers are likely to need a digital version of the pound, formally asking for public comment on the idea of introducing a central bank digital currency. Britain, home...
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Asian stocks rebound after Wall St sinks on rate fears

BEIJING (AP) — Asian stock markets rebounded Tuesday after Wall Street sank under pressure from worries about higher interest rates and after Japan reported stronger wage gains than expected. Shanghai, Tokyo, Hong Kong and Seoul advanced. Oil prices rose. Wall Street sank for...
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Michael Ramirez
Wed, Feb 1, 2023

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