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A lot of investors were betting that the Bank of Japan would join other central banks in hiking rates to beat back inflation.
The U.S. isn't the only country with a central bank that's hiking rates. Here's how that's affecting housing markets around the world.
The U.S. is seeing some moderation in energy and food prices. That's not case overseas.
It's largely about preventing “inflationary psychology” from becoming entrenched, the Bank for International Settlements said.
The U.S. economy might have an easier time achieving a "soft landing" than economies in Europe and elsewhere.
Being cut off from the SWIFT system means Russian banks can't legally or efficiently execute transactions.
For Alfred G Pearce, the biggest veggie producer in the U.K., signs of inflation are everywhere.
The central bank can "be an assist" on climate risk, says economist Claudia Sahm, but Congress sets the priorities.
The Fed has a dual mandate to control inflation as well as unemployment, unlike other central banks.
The Fed has to walk a fine line between mitigating disaster and shifting monetary policy to focus on fighting climate change.