Por: ABC News Business September 22, 2022
ISTANBUL -- Turkey’s central bank delivered another massive interest rate cut Thursday despite eye-popping inflation above 80%, moving the opposite way from world economies that are raising rates to control prices as the lira sunk to record lows. The Central Bank of the Republic of Turkey lowered the benchmark rate by 1 percentage point, to 12%. The lira was trading around 18.38 against the dollar, weakening further than the previous record... + full article
CNN USA Business September 22, 2022
New York (CNN Business)Just like misery, inflation loves company. And as price increases linger near 40-year highs, the United States has plenty of it. A perfect storm of stimulus cash during the pandemic, a strong demand for goods, geopolitical chaos and supply chain kinks have... + más
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CNBC USA Business September 22, 2022
Russians tourists to Europe decreased dramatically over the summer, but rose in several other destinations, including Turkey (here).Onur Dogman Sopa Images Lightrocket Getty ImagesTurkey's central bank surprised markets once again with its decision Thursday to cut its key... + más
Turkey's central bank makes big rate cut amid 80% inflation | ABC News
Inflation is a global problem, here's how central banks are addressing it | CNN
The Bank of England warned that the U.K. will enter recession later this year. The expected recession is forecast to be the longest since the global financial crisis.Vuk Valcic SOPA Images LightRocket Getty ImagesLONDON — The Bank of England voted to raise its base rate to... + más
Bank of England faces pivotal policy decision with pound at multi-decade lows | CNBC
Interest rates: Bank of England hikes by half a point for second straight month | CNN
Associated Press USA Business September 22, 2022
LONDON (AP) — The Bank of England raised its key interest rate Thursday by another half-percentage point to the highest level in 14 years, but despite facing inflation that outpaces other major economies, it avoided more aggressive hikes made by the and other central banks.It... + más
Bank of England raises rates but avoids bolder hike like Fed | ABC News
ABC News USA Business September 22, 2022
LONDON -- The Bank of England raised its key interest rate Thursday by another half-percentage point to the highest level in 14 years, but despite facing inflation that outpaces other major economies, it avoided more aggressive hikes made by the U.S. Federal Reserve and other... + más
Bank of England raises rates but avoids bolder hike like Fed | Associated Press
ABC News USA World September 22, 2022
ABC News USA World September 19, 2022
ISTANBUL -- An anti-LGBTQ group marched Sunday in Istanbul, demanding that LGBTQ associations be shuttered and their activities banned, in the largest demonstration of its kind in Turkey.Several thousand people joined the demonstration dubbed “The Big Family Gathering.”... + más
Belgrade police clash with hooligans as Pride march starts | ABC News
Louisiana's abortion ban will remain blocked as the state appeals court decision | The Advocate
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