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Tag: Interest Rates
Fed’s Moves in 2022 Could End the Stock Market’s Pandemic Run
For two years, the stock market has been largely able to ignore the lived reality of Americans during the pandemic…
Omicron Is an Economic Threat, but Inflation Is Worse, Central Bankers Say
There is still a lot scientists do not know about Omicron. There is cautious optimism — but no certainty —…
The Fed Meets Amid Faster Inflation and Prepares to React
Federal Reserve officials, worried about rising costs and buoyed by a healing labor market, are pivoting from bolstering the economic…
How Inflation Affects Turkey’s Struggling Economy
The signs of Turkey’s disastrous economy are all around. Long lines snake outside discounted bread kiosks. The price of medicine,…
Turkey’s President Follows His Own Advice Even as Economy Slips
ANKARA, Turkey — President Recep Tayyip Erdogan sat for an interview on national television late last month, apparently seeking to…
As Omicron Threat Looms, Inflation Limits Fed’s Room to Maneuver
The Omicron variant of the coronavirus comes at a challenging moment for the Federal Reserve, as officials try to pivot…