Prices of new and used vehicles were supposed to recede quickly as supply chain problems dissipated. The market had other ideas.
Tag: Inflation (Economics)
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The Fed Chair Says Inflation Remains Too High
The Fed chair said that it would take “some time” for inflation to moderate and that the central bank would continue to look at data as it considers whether to raise rates next month.
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Why Are Americans So Negative About the Economy?
It’s an interesting question, given that the economy is actually looking remarkably strong.
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Bank of England Raises Interest Rates to 4.5%, Highest Level in 15 Years
The central bank lifted its benchmark rate a quarter point, to 4.5 percent, as part of its aggressive policy to tame inflation, which has remained stubbornly high.
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Turkey’s Election: What You Need to Know
With the economy in crisis, the vote on Sunday is shaping up to be one of President Recep Tayyip Erdogan’s toughest fights to hold onto power in his 20 years as the country’s premier politician.