Warsh Warns of Inflation Risks Amid Business Woes
US Federal Reserve Chairman Kevin Warsh has sounded the alarm on inflation, warning of potential economic risks. This comes as administrators for Bathla Group announced that the business will be unable to pay its staff by Thursday.
The news coincides with the final day of profit reporting season in Australia. The Bathla Group's financial struggles have been a concern, and this latest development suggests that the company may face significant challenges in the coming days.