The stark warnings from Jackson Hole

BIS general manager says the global economy may be approaching ‘what in aviation is called a “coffin corner”, the delicate spot when an aircraft slows to below its stall speed and cannot generate enough lift to maintain its altitude’

Manas Chakravarty

August 29, 2022 / 08:17 IST

This is the first time that US Federal Reserve Chair Jerome Powell has talked of pain in store for the economy and households (File image)

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