Powell to the people: The Fed raises rates

Last night, the populist-right leader announced that she will run in the French presidential election next year. Our correspondent analyses the Le Pen dynasty and explains how this decision will shape the campaign. The world’s first refuge for whales once held in captivity. And o ...  Show more

As NATO leaders gather for the annual summit in Turkey today, the thorniest issue is off the agenda: fractures within the alliance. Our correspondent travels to the Baltics, where a strategic shift is already evident. First there was vibe coding, now vibe lawyering is coming to c ...  Show more

Why are some economists saying the biggest interest rate hike in more than two decades should help us all in the United States and bring prices on everyday items down? Plus, Ukrainian forces push back against Kremlin fighters trying to storm the Mariupol steel plant while civilia ...  Show more

Russia’s invasion of Ukraine has pushed global prices, which were already climbing, even higher. As America’s central bank raises its target interest rate for the first time in four years, we break down the challenges facing central bankers. In the fourth instalment of our Fre ...

America’s Federal Reserve made its third straight 0.75% <a href="https://www.economist.com/finance-and-economics/2022/09/21/as-america-raises-rates-the-rest-of-the-world-bears-the-pain?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery. ...  Show more

The Fed’s interest rate fight just got more complicated — the central bank’s preferred gauge of inflation indicated that prices rose 0.4% last month, a speed-up from the previous month that saw a 0.1% increase. We talk to Christopher Low, chief economist at FHN Financial, about w ...  Show more