The consumer price index was up nine point one % in june compared with a year earlier. A significant portion of it has been driven by the incredibly high food and energy costs right now. That's why the fed had to raise rates as much as they did yesterday. And they'll keep going until they're confident that inflation has been properly contained.
America’s central bank has
raised interest rates by three-quarters of a percentage point—its fourth rise this year. It is walking a fine line between cooling the economy and tipping the country into recession. Scientific results fundamental to more than a decade’s-worth of Alzheimer’s research may have been
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