State Street Chairman says data shows ‘continued’ inflation

15/03/2023 Argaam
Ronald O'Hanley,ChairmanandCEO of State Street Corp.

Ronald O'Hanley, Chairman and CEO of State Street Corp.


Ronald O'Hanley, Chairman and CEO of US-based State Street Corporation, stated that data shows “continued” inflation, which may abate slightly, but continue. 

 

At the opening speech of the second edition of the Financial Sector Conference (FSC), O'Hanley added that it is hard to see the risk right now of a recession amid unemployment. 

 

The US Federal Reserve has been active in dealing with these challenges over the past year, he pointed out. 

 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.