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EXPLAINER: Turkey's currency is crashing. What's the impact?
Turkey’s beleaguered currency has been plunging to all-time lows against the U.S. dollar and the euro in recent months as President Recep Tayyip Erdogan presses ahead with a widely criticized effort to cut interest rates despite surging consumer prices
Fed survey finds supply-chain shortages boosting inflation
The Federal Reserve is reporting that many parts of the country were hit by supply chain disruptions and labor shortages in November
Global shares mostly rise despite mounting omicron worries
Global shares are mostly higher amid nervous trading due to worries over the newest coronavirus variant
Powell says Fed may accelerate pullback in economic support
Chair Jerome Powell says the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation, which Powell acknowledged will likely persist well into next year
Powell says COVID variant clouds inflation, economic outlook
Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring
Stocks sink on new COVID variant; Dow Jones loses 900 points
Stocks are sharply lower on Wall Street Friday after South Africa found a fast-spreading coronavirus variant and the European Union proposed suspending air travel from southern Africa
Global stocks mixed after Fed says ready to act on inflation
Global stock markets are higher after Federal Reserve officials indicated they were ready to hike interest rates sooner than expected if needed to cool U.S. inflation
Asian stocks down after Fed says ready to act on inflation
Asian stock markets are lower after Federal Reserve officials indicated they were ready to raise interest rates sooner than expected if needed to cool inflation
US GDP slowed sharply in Q3 but big rebound expected in Q4
The U.S. economy slowed to a modest annual rate of 2.1% in the October-December quarter, slightly better than first reported