Consumer prices in britain, they were up at an annual pace of nine % in april. From germany to australia, inflation air pressures are bubbling up. There's roughly two jobs available for every one unemployed person in America. So you know that excessive demand is something that central banks can address through their tightening. And that is what sher powell is trying to do.
America’s central bank raised rates by .75% yesterday—the biggest increase in almost 30 years. Whether that will help tame rising prices without triggering a recession is unclear. The poor performance of Russian tanks in Ukraine has led some to wonder whether
the tank itself is obsolete. And the rousing, darkly humorous defiance of
Ukrainian war anthems. For full access to print, digital and audio editions of
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