Investors briefly sent the pound to a record low against the dollar, which has implications for people and businesses inside and outside Britain.
Tag: Inflation (Economics)
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Stock Markets Tumble as Recession Fears Return
Central banks around the world raised interest rates this week to combat inflation. That’s raising concerns among investors about an economic slump.
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The Fed’s Outlook Is an ‘Unrealistic Fantasy’ to Some Investors
In some corners of the market, investors just don’t see how the Federal Reserve can lower inflation without risking high unemployment.