supply shock

ECB Rate Hike: Why Europe Is Raising Rates Into a Struggling Economy

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ECB Rate Hike Explained: Why Europe Is Raising Rates Into a Struggling Economy An ECB rate hike is, in the words of one Aberdeen economist, “all but certain” — markets price the odds near 100% that the European Central Bank raises its key interest rate by a quarter point to 2.50% at its September 10 … Read more

Why Oil Prices Are Rising: The Strait of Hormuz

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Why Oil Prices Are Rising: The Strait of Hormuz, Explained This morning’s market headlines paired two events that, at first glance, belong in different sections of the newspaper: military strikes near a waterway most people couldn’t find on a map — and the price of oil rising around the world. They are, in fact, the … Read more