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Bad economic policies and Biden's loss

One of the few axioms of US politics is the loss of seats by the president's party in midterm House elections

Fed officials worried more about doing too little on inflation than too much

Many US central bank officials "emphasized the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action," the minutes of the Sept. 20-21 meeting said.

Fed says to expect more rate hikes until inflation under control

A Federal Reserve Bank official has said that interest rates will continue to rise in the U.S. until inflation has been brought under control

Verbraucherpreise: Britische Inflationsrate sinkt unerwartet unter Zehn-Prozent-Marke

Britische Inflationsrate sinkt unerwartet unter Zehn-Prozent-Marke

Teuerung unter zehn Prozent: Fallender Ölpreis dämpft britische Inflation

Asia stock markets slide on US interest rate fears

Shares in Asia have fallen after the chairman of the US central bank said it would continue to raise interest rates to tackle soaring prices.

US Fed hikes policy interest rate by a further 75 basis points

US Fed hikes policy interest rate by a further 75 basis points

Gold prices up after US Fed rate hike; Spot gold hits $1,736.89 per ounce

Spot gold was up 0.2% at $1,736.89 per ounce, as of 0104 GMT, after rising 1% to a two-week high in the previous session.

US Fed hikes policy rates by 75 bps on record inflation levels

Since then, Fed Chair Jerome Powell has amped up his own rhetoric, declaring last week "the clock is kind of running" on the Fed to show it could tame prices before public psychology begins to change for the worse.