The us. Dollar has long been seen as the safest asset to go to in times of crisis. The risk there is not just that they then have to tighten aggressively, but if they continue to get it wrong. Think even more alarming than that would be the political implications.
Russia’s invasion of Ukraine has pushed global prices, which were already climbing, even higher. As America’s central bank raises its target interest rate for the first time in four years, we break down the challenges facing central bankers. In the fourth instalment of our French election series, we look at how the conflict has changed the race. And Russia’s seizure of the Chernobyl nuclear plant ends three decades of scientific research.
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