Fed: Inflation, Ukraine biggest threats to financial system

The Federal Reserve no longer views the coronavirus pandemic as the biggest threat to the global financial systemBy KEN SWEET AP Business WriterMay 9, 2022, 8:58 PM• 3 min readNEW YORK — The Federal Reserve said Monday that Russia’s war in Ukraine and surging inflation are now the greatest threats facing the global financial system, supplanting the coronavirus pandemic.The observations came in the Fed’s semiannual Financial Stability Report that looks at trends in trading and investing as well as broad economic issues. The report is not an economic forecast, and does not try to... Read More