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The Swiss and Norwegian central banks announced hefty interest rate hikes on Thursday as global monetary policymakers ramp up the battle against runaway inflation....
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The Swiss and Norwegian central banks announced hefty interest rate hikes on Thursday as global monetary policymakers ramp up the battle against runaway inflation....
Higher interest rates and grinding inflation are likely to begin taking a higher toll on US consumers.
The European Central Bank is determined to stop soaring inflation becoming the norm, its president said.
Central banks worldwide are using aggressive interest rate hikes to lasso galloping inflation, at the risk of pulling down the global economy with it....
The German central bank said Monday it was increasingly likely that Europe’s largest economy would shrink for a “prolonged” period as Russia throttled energy...
Sierra Leone is to delay the phaseout of its old currency until next spring, the central bank said. On July 1, the West African...
Consumers and businesses around the world are facing steeper prices for everything from Mexico’s beloved tortillas to the aluminium cans used by beer companies....
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates.
US consumers buying cars and going to restaurants and bars in August drove a surprise bounce in retail sales.
UK inflation has eased on lower motor fuel costs but remains close to 40-year peaks.