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Tag: Warns

UN’s Patricia Espinosa warns of ‘catastrophic’ consequences of inaction

LONDON — There is reason for cautious optimism when it comes to negotiations at the COP26 climate change summit in Glasgow, Scotland, according to the United Nations' climate chief.The pivotal conference, which the U.K. is hosting between Oct. 31 and Nov. 12, has...

Fed is in denial about ‘persistent’ inflation, Jim Bianco warns

Market forecaster Jim Bianco expects inflation's intensity to catch up with central bank policymakers worldwide, including the Federal Reserve.The fallout could make stocks less attractive, and knock them off record highs."Inflation is persistent and you've got to start thinking about moving your policies...