Even prior to the monarch’s death, high inflation and the transfer of power to a new prime minister had sparked anxiety in the United Kingdom. Plus, a look at the groups the Federal Reserve’s rate hikes hurt the most.
Countries that import commodities priced in U.S. dollars, like oil, are paying a lot more. So are nations that have dollar-denominated loans.
“She died — although at the age of 96 — too soon,” said Marketplace’s Stephen Beard.
European nations have managed to store gas, and the price has come down from historic highs.
Michelle Holder expects Black and Latinx workers to lose jobs in higher proportion as interest rates rise and the economy cools.
It’s raised its benchmark deposit rate by 0.75% — to 0.75% — and may raise further. But Europe is also facing recession worries.
Rats have burrowed their way into the heart of an economic and political fight worth many tens of millions of dollars.
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