

Eshe Nelson
Posts

ECB Surprises With Big Rate Rise, Its First in 11 Years
Policymakers are trying to slow soaring inflation while avoiding a recession among the countries that use the euro.

The ECB Has a New Tool to Keep Bond Markets in Check: the TPI
Rapidly rising borrowing costs for Italy in recent months intensified focus on so-called market fragmentation.

Inflation Climbs to 9.4 Percent in Britain, a New 40-Year High
The prices of food and fuel continued to rise fast, and consumers were squeezed as wages failed to keep up.

Euro Hits Parity With U.S. Dollar for First Time in 20 Years
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...

Boris Johnson Leaves Behind Fraught Economy and Uneasy Brexit Legacy
Britain is in the grips of a cost-of-living crisis, and the departure of its prime minister leaves uncertainty about the government’s next moves.

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...

Inflation has changed the economic landscape, Christine Lagarde says.
The head of the European Central Bank said: “I don’t think we are going back” to an era that kept prices low for two decades.

Russia Appears to Miss Its Foreign Debt Payment Deadline
Economic sanctions that blocked bond payments have strengthened efforts to seal off Moscow from global markets.

UK Inflation Rate Reaches 9.1 Percent, a Fresh 40-Year High
The latest data comes during crippling train strikes as workers demand pay in line with the rising cost of living.

UK Inflation Rate Reaches 40-Year High of 9.1 Percent
The latest data comes during crippling train strikes as workers demand pay in line with the rising cost of living.