Economy News and Stock Market Updates - The New York Times
The decline comes as investors worry about efforts by central banks raise interest rates in an effort to combat rapid inflation.
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The decline comes as investors worry about efforts by central banks raise interest rates in an effort to combat rapid inflation.
Bad News From the Fed? We’ve Been Here Before.
Fed rate increases are causing pain now. But an inside look at the Volcker era shows that conditions were far worse when the Fed tried different tacks to tame inflation.
The former Fed chairman’s initial reversal of policy to tackle rising prices led to higher US unemployment and lost economic output.
For those who wanted to be more creative with their hedging, though, there were a few tried-and-true defensive strategies to be had. Click here to read more.