In recent months, pressure on the euro has been mounting while investors have been flocking to the U.S. dollar, a haven in times of economic upheaval.
Tag: Powell, Jerome H
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Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase
The Federal Reserve is trying to cool down the economy to bring inflation under control, but the job market is still going strong.
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The Economy Is Already Cooling, So Why Is the Fed Dousing It With Cold Water?
The bank’s aggressive rate-raising could lead to a recession.
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Inflation Is Posing 19 Problems for One Central Bank
After more than a decade of worrying about low inflation, the European Central Bank is trying to tackle the problem of high inflation across the eurozone’s economies.
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Wonking Out: Taking the ‘Flation’ Out of Stagflation
The trench seems to have recovered its anchor, or something.