The omens are not great in the sense that and the fed has never before managed to reduce inflation from as lofty a level as it currently is. There's many ways that things could go wrong. The commodity shock because of russia's invasion of ukrane is potentially far from over. As we know things there could still get a lot worse. China is still trying to achieve its a zero covet policy. Number three, the pandemic y is still with us.
Prices in America are rising faster than at any time in the past 40 years. In response, the
Federal Reserve has made its steepest interest-rate hike in 20 years. Will it be enough to tame inflation while not tipping America into recession?
Shanghai’s residents are growing restive after a long lockdown. And
Nelson Mandela’s name and legacy are being used to sell a growing range of consumer goods.