Plus Japan props up the yen and Cambodia concludes its Khmer Rouge trials.
Tag: Interest Rates
Russia’s Economy Contracts Sharply as War and Sanctions Take Hold
The country’s gross domestic product from April through June declined 4 percent from a year earlier, new government data shows.
Russia’s economy contracts sharply as war and sanctions take hold.
The country’s gross domestic product from April through June declined 4 percent over last year, new government data shows.
The Big Economic Question
It is not whether the U.S. is in a recession. It’s whether the economy will soon worsen.
Your Thursday Briefing
Brittney Griner for Viktor Bout?
Global Central Banks Ramp Up Inflation Fight
Central banks in the U.S., Europe, Canada and parts of Asia are lifting interest rates rapidly as they try to wrestle breakneck inflation under control.
Economic Headwinds Mount as Leaders Weigh Costs of Confronting Russia
Top economic officials are gathering this week to discuss how to keep pressure on Vladimir V. Putin without sinking their economies.
Inflation Anger
Inflation is still high — and many Americans are upset.
As Fed Prepares to Raise Rates, Global Economy Sinks Deeper Into Turmoil
Federal Reserve officials are set to raise interest rates to control inflation, but the return to normal they had hoped to see remains painfully elusive.
Turkish Currency Hits a New Low, Again
The Central Bank has cut interest rates, even as inflation continues to soar, deepening President Erdogan’s disputed economic plan and setting off a new plunge in the lira.