‘The Federal Reserve is breaking things’ – this is what keeps Wall Street on edge as risks mount around the world

Jerome Powell, Chairman of the US Federal Reserve, during a federal hearing event in Washington, DC, US, on Friday, September 23, 2022. Drago | Bloomberg | Getty Images Such as Federal Reserve Efforts to tame inflation are intensifying, sending the dollar, bonds and stocks up, and concern is growing that a central bank crackdown will … 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

How to save money with food inflation rising more than 11% a year

Going to the grocery store wouldn’t be cheaper. Rising food costs helped pay off Inflation rose again last monthdespite the decline gas prices. The food index alone is up 11.4% over the past year, according to another Consumer Price Index The numbers – the biggest jump in 12 months since May 1979. The Food at … Read more

European markets open their doors to close inflation data, earnings and US news

US stock futures fell sharply after the hot inflation report Stocks on the go: Future rises 8%, Ocado prices fall 10% shares Future plc It gained 8.7% in the early afternoon deals to lead the Stoxx 600, after the British media company predicted that its full-year adjusted operating profit would come at the end of … Read more