US Federal Reserve Board chairman Jerome Powell. The Fed delivered another steep interest rate increase earlier this month to take the benchmark lending rate to 3.75 to 4 per cent, the highest since January 2008. AFP
US Federal Reserve Board chairman Jerome Powell. The Fed delivered another steep interest rate increase earlier this month to take the benchmark lending rate to 3.75 to 4 per cent, the highest since JShow more

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High inflation continues to weigh on global economy

Cost of living remains higher and stickier than many analysts expected in developed economies

Khatija Haque

November 21, 2022