BlackRock says cutting leverage in some funds in UK pensions crisis

LONDON, Sept 30 (Reuters) – U.S. asset management group BlackRock said on Friday it was reducing leverage in so-called liability-driven investment (LDI) funds at the centre of chaotic market conditions…

Speech by Chair Powell on monetary policy and price stability

Thank you for the opportunity to speak here today. At past Jackson Hole conferences, I have discussed broad topics such as the ever-changing structure of the economy and the challenges…