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US inflation is at its highest since 1982. Why aren’t markets panicking?
Analysis US inflation is at 7% – the last time it was this high interest rates were at 14%. But instead of panicking, markets just shrugged. John Stepek explains why they’re so relaxed about things.
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Investors shrug off inflation fears – for now
News US inflation is at its highest since 1982. Investors seem unworried – but how long will that last?
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Interest rates: could Jerome Powell remove the markets’ “punch bowl”?
News Markets have bounced on suggestion that the Omicron variant may be a less serious strain of Covid-19. But the Federal Reserve has turned hawkish, and there will be no more market bailouts.
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It’s official – inflation is no longer transitory
Analysis America’s central bank has had a change of heart on inflation, and wants to retire the word “transitory”. John Stepek explains what that means for markets, the economy, and for you.
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Jerome Powell’s poisoned chalice
News US president Joe Biden has nominated Jerome Powell for a second term in charge of the Federal Reserve. But it could prove a “poisoned chalice” for Powell. Here's why.
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What do Turkey’s tumbling lira and America’s oil raid have in common?
Analysis Joe Biden’s confirmation that Jerome Powell will stay on as Fed chair has sent jitters in markets from Turkey to Texas. John Stepek explains what’s going on.
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The Bank of England bottles it on interest rates
News Despite its own forecasts that UK inflation will hit 5% by next April, the Bank of England chose to hold British interest rates at 0.1%
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The Federal Reserve is printing less money – so why have markets hit record levels?
Analysis America’s central bank has started “tapering” – cutting back on its quantitative easing programme. But instead of markets falling, they’re hitting record highs. John Stepek explains what’s going on.
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Cryptocurrency roundup: bitcoin shrugs off China's ban
News The bitcoin price rose by almost 7% this week despite China banning virtually all cryptocurrency transactions. Saloni Sardana looks at the stories that caught our eye this week.
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