In Saturday’s vote, President Julius Maada Bio is seeking a second five-year term to pursue an ambitious if unfulfilled education initiative, while the country is facing a crippling economic crisis.
Tag: Inflation (Economics)
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Stocks May Be Booming but Don’t Forget Cash and Bonds
At the moment, money market funds and many bonds are not only less risky, but at current interest rates, they are compelling.
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Bank of England Raises Rates More Than Expected, as Inflation Persists
‘We know this is hard,’ the central bank’s governor said, after increasing interest rates by a half point, to 5 percent.
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Fed Chair Sees ‘Long Way to Go’ on Inflation Fight
Jerome H. Powell, the chair of the Federal Reserve, is set to tell House lawmakers that most central bank officials expect rates to rise further.
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U.K. Inflation Remains Stuck at 8.7 Percent
The rate, which had been expected to edge lower in May, shows that Britain’s cost-of-living persists, and is likely to prompt the Bank of England to raise interest rates again.