Why won’t the Fed be so quick to ease its fight against inflation

Jerome Powell, US Federal Reserve Chairman, speaks during a federal hearing event in Washington, D.C., US, on Friday, September 23, 2022. This week, Federal Reserve officials gave their clearest signal yet that they are willing to take on a recession as a necessary trade-off to regain control of inflation. . Drago | Bloomberg | Getty … Read more

Low markets are getting a big dose of cold from the Bank of England

This story is part of CNN Business’s Nightcap newsletter. To get it in your inbox, sign up for free, over here. New York CNN Business – All the drama out of the UK government keeps me from catching up with the only UK drama I really want to take on, Love Island Season 8, which … Read more

Digging for a greener planet

Suspension 2003’s “The Core,” starring Hilary Swank and the unbearable Stanley Tucci, must have been. Long-running 1977’s “Exorcist II: The Heretic” Booby Award’s “save the planet from itself” voyage to Earth’s soft Tootsie Roll center has been voted by scientists as having ignored science more than any major movie. else. But the story of building … Read more

Turkey cuts interest rates again despite 80% inflation

The number of Russian tourists to Europe decreased significantly during the summer, but increased in several other destinations, including Turkey (here). Onur Dogeman | soba pictures | Light Rocket | Getty Images Turkey’s central bank surprised markets once again with its decision on Thursday to cut its key interest rate, despite the country’s inflation soaring … Read more

Why Americans shouldn’t panic as the Fed raises interest rates: Finance experts

Americans should stay calm, boost their personal savings and sharply monitor their long-term fiscal plan like the Federal Reserve raises interest ratespersonal finance experts told The Post. The Federal Reserve raised its benchmark interest rate by 0.75% on Wednesday for the third consecutive month. By raising interest rates, the Fed makes it more expensive to … Read more