But prices are still rising at about the fastest pace in 40 years and an increase in core inflation will keep the pressure on the central bank to raise interest rates.
Tag: Banking and Financial Institutions
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Markets Shudder on Higher-Than-Expected Inflation Numbers
Stocks plunged and government bond yields jumped higher as investors were wrong-footed by data showing stubbornly high price increases last month.
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Wonking Out: The Mysteries of the Almighty Dollar
Why is our currency so often the rest of the world’s problem?
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E.C.B. Raises Interest Rates to Tame Inflation
The rise of three-quarters of a point matched the central bank’s largest-ever increase, with a “substantial slowdown” expected in the eurozone economy ahead of a winter energy crisis.
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Debtors, Unite! You Have Nothing to Lose but Your Shame.
Conversations about debt are never purely about economics. They are always, also, conversations about power and morality.