Raising rates to fight inflation involves a time lag so current efforts to bring down prices won’t start having an impact until the next election is approaching.
Fed chair Jerome Powell opted for a cautious approach on rates.
Alex Wong/Getty Images
The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
Understanding and finding ways to reduce our financial stress – and its emotional impact on us – can help make this challenging time a bit easier.
A demonstrator holds a placard reading “Macron, no no no no, 49,3 times no”, a reference to a French law that would allow the country’s president to pass pension reform without a vote in the National Assembly.
Christophe Simon/AFP
While the scale of the strikes in both countries is historic, a scholar in employer relations notes the legislative conditions framing industrial action in the UK are much more restrictive.
What will happen to the euro zone’s rising prices in 2023? Here’s an overview of the factors which might influence inflation’s acceleration or deceleration.
Some pet owners are facing heartbreaking choices due to rising prices.
Budimir Jevtic/Shutterstock
The strikes (minimum service levels) bill making its way through parliament potentially means employers can block named workers from taking industrial action.
Many countries are dealing with a rapidly rising cost of living.
Billion Photos/Shutterstock
From the economic perspective, the year 2022 will be remembered, by many Nigerians, as a time of dashed hopes and disappointments.
By living a simple life that is fully contained in a vehicle, van dwellers are able to head out on a new adventure whenever they choose.
(Shutterstock)