Villeroy Urges ECB Hikes Until Underlying Inflation Has Peaked – Bloomberg
The European Central Bank should keep raising interest rates, even at a reduced pace, until inflation excluding energy and food prices starts to ease, Governing...
Author : Nelli Avetisyan
How the midterms could affect Wall Street – CNN
Last week was a volatile one on Wall Street, with stocks falling after Federal Reserve chair Jerome Powell dashed the market’s dreams of a pivot...
Inflation, Recession Fears Have Some Holiday Shoppers Trading Down – WSJ
Many shoppers are trading down to less expensive clothing and accessories—swapping Lululemon leggings for Uniqlo and expensive lingerie for Target bras and panties—as inflation eats...
Interest rates will keep rising. How high will they go? – CNN
What will the Federal Reserve do at its meeting in December? Analysts can speculate all they want, but Fed officials say they will be using...
Britain must find ways to encourage older workers back into the labour force – Independent
Unemployment is back. It’s a word we’d almost forgotten, just like inflation was a word we’d almost forgotten until it crashed into the economy with...
The Muddled Politics of US Inflation
Rising inflation has put the United States on edge. While much of the focus so far has rightly been on the pain that price increases...
Getting Back on Track to Net Zero: Three Critical Priorities for COP27
Just this year we’ve seen the increasingly devastating effects of climate change—human tragedy and economic upheaval with typhoons in Bangladesh, unprecedented floods in Pakistan, heatwaves...
Bank of England raises interest rates by 0.75 percentage points – The Financial Times
The Bank of England has signalled that borrowing costs will not rise as much as markets expect in the future, even as it imposed the...
Even recession may not bring down Europe’s inflation – The Economist
It is difficult to spot the peak when hiking in the fog. What is true in the Alps is just as true for policymakers who...
What rising interest rates mean for you – CNN
The Federal Reserve raised its benchmark interest rate for the sixth time in a row on Wednesday, to a range of 3.75% to 4%. While...