Rate Hikes
2 stories
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financeJerome Powell Steps Down as Federal Reserve Chair After Eight Years
Jerome Powell resigns as Fed chair after eight years, staying on the Board of Governors. His tenure included pandemic, inflation, and rate hikes.
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financeEurozone Inflation Surges to 2.5% as Iran War Drives Energy Prices
Eurozone inflation spiked to 2.5% in March, driven by soaring energy costs due to the Iran war and Strait of Hormuz closure. The ECB faces a critical decision on rate hikes.