Fed chief Powell backs moving more quickly on interest-rate hikes

Fed chief Powell backs moving more quickly on interest-rate hikes

Federal Reserve Chairman Jerome Powell on Thursday joined the chorus of US central bankers who want to move faster on raising interest rates. “It is appropriate in my view to be moving a little more quickly,” Powell said during a discussion hosted by the International Monetary Fund in Washington. “I also think there’s something in … Read more

Even The Currents in The Ocean’s Depths Can’t Escape The Effects of Climate Change

Even The Currents in The Ocean’s Depths Can’t Escape The Effects of Climate Change

We know that global warming affects ocean currents in a variety of ways, but questions remain about exactly how this relationship works. A new study attempts to answer some of those questions. Scientists pored over data stretching back 66 million years over 293 sites, looking at gaps in sedimentary layers, known as hiatuses, to figure … Read more