PRINCETON, N.J.—The Federal Reserve needs to move monetary policy towards a more neutral stance, but the pace at which it tightens credit will depend on how the economy reacts, New York Fed President John Williams said Saturday. Williams, in response to questions at a symposium about whether the Fed needed to hasten its return to…
New York Fed President: Pace of Rate Increases Depends on How Economy Responds
April 3, 2022
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Newsom Self-Sabotages Presidential Chances
March 21, 2022
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Commentary “You can’t win without the conservatives,” said Richard Nixon. “But you can’t win only with the conservatives.” He was referring how Republican Barry Goldwater, Mr. Conservative, lost in a landslide in 1964 to Lyndon Johnson. But Nixon himself won in 1968 and 1972, the latter in a landslide, by moving to the middle of…
Former Pakistani President Rafiq Tarar Dies at 92
LAHORE, Pakistan—Rafiq Tarar, a former Pakistani judge who served as the country’s President from 1997 to 2001, died on Monday in the eastern city of Lahore after a prolonged illness at the age of 92. Tarar’s grandson, Azam Tarar, announced on Twitter that his grandfather had died. Pakistan’s President Arif Ali, Prime Minister Imran Khan,…
Burkina Faso Army Deposes President in West Africa’s Latest Coup
OUAGADOUGOU—Burkina Faso’s army said on Monday it had ousted President Roch Kabore, suspended the constitution, dissolved the government and the national assembly, and closed the country’s borders. The announcement cited the deterioration of the security situation and what the army described as Kabore’s inability to unite the West African nation and effectively respond to challenges,…
‘Special Partnership:’ Canadian Loan of $120 Million Welcomed by Ukrainian President
OTTAWA—The president of Ukraine has thanked Canada for a $120-million loan aimed at bolstering his country’s economy amid a hostile buildup of 100,000 Russian troops and hundreds of tanks and armoured personnel carriers along its borders. Volodymyr Zelensky, through a statement issued late Friday by the Ukrainian Embassy in Ottawa, said the loan represents another…
Dole, President’s Choice Salad Products Recalled Due to Listeria Risk
January 8, 2022
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OTTAWA—A number of Dole and President’s Choice brand salad products are being recalled because of possible Listeria contamination. The Canadian Food Inspection Agency says eight varieties of Dole salads and five from President’s Choice are included in the recall. All have best before dates of either Jan. 8 or 9. The products were sold at…
Brazilian President Bolsonaro Hospitalized in Sao Paulo
SAO PAULO, Brazil—Brazilian President Jair Bolsonaro was taken to a Sao Paulo hospital for tests early Monday after experiencing abdominal discomfort, the government said. Bolsonaro is “doing well” and further information will be provided later in a medical bulletin, a government statement published by the Globo media outlet said. Bolsonaro returned to the financial capital…
Actors, Comedians, and President React to Betty White’s Death
Tributes from fellow actors and comedians poured in on social media Friday in reaction to the death of Betty White. “The Golden Girls” star was 99. White was a television mainstay for more than 60 years. “It’s a shame. She was a lovely lady …. Ninety-nine years old. As my mother would say, God love…
Gov. Newsom Preps Presidential Run with Guns and Abortion
December 16, 2021
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Commentary Regardless of what you think of Gov. Gavin Newsom’s policies, watching him, as I have for 20 years, shows a political pro at work. He will obviously run for president, possibly in 2024. But he might seek to avoid the potential Democratic wipeouts in 2022 and 2024, waiting until 2028 to run. The trick…
Boston Fed Will Not Release Documents on Its Former President’s Trades
October 21, 2021
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WASHINGTON—The Boston Federal Reserve will not release documents that could show whether its former president vetted a series of personal investments last year with its ethics officer, a spokesman for the regional Fed bank said, a key point in an ongoing ethics controversy at the U.S. central bank. Eric Rosengren, along with Dallas Fed President…
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