The fed announced that its increasing interest rates by half per centage point. Is the first time that as done a rate increase of this size since the year two thousand. It also announced plans for beginning to shrink the size of its balanced feet. Inflation is obviously too high for the fed's comfort, for pretty much anybody's comfort.
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.