Global Tightening: The Interlinked Fates of Central Banks

America’s Federal Reserve made its third straight 0.75% interest-rate hike, with Jerome Powell, the Fed’s chair, warning that more hikes would follow. But with inflation still high, and labour markets still tight, is the Fed doing all it can? A new report suggests that forced labour and marriage are on the rise around the world. And reflecting on one man’s long search for extraterrestrial life. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

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