Today news
About the same in other media
High Inflation Darkens Global Economic Outlook
Reading now: 151
WASHINGTON—Policy makers around the world see rising risks that the global economic slowdown could turn into a steeper slump due to strong inflation, high energy costs and climbing interest rates.
Another bad U.S. inflation report last week is likely to keep the Federal Reserve lifting interest rates at a rapid clip. That could help spur the U.S. dollar higher, further elevating the cost of imports and debt service for many countries. Key energy producers are crimping supply, feeding price pressures and slowing economic activity, particularly in Europe. New data from China showed consumer spending falling sharply, another sign of cooling economic growth.
Read more on wsj.comAbout this in other media
What do US curbs on selling microchips to China mean for the global economy? theguardian.com /2 years ago
Inflation Causes IRS to Raise Tax Brackets, Standard Deduction by 7% wsj.com /2 years ago
Economy Week Ahead: U.S. Housing Market and Inflation Abroad in Focus wsj.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
