A currency trader talks on the phone at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Feb. 24, 2022. Just what a vulnerable world economy didn’t need — a conflict that accelerates inflation, rattles markets and portends trouble for everyone from European consumers to indebted Chinese developers and families in Africa that are enduring soaring food prices. Russia’s attack on Ukraine and retaliatory sanctions from the West…
February 25, 2022
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February 25, 2022 9:45 a.m.
Key inflation gauge hit 6.1% in January, highest since 1982
On Friday, oil prices were steady after they had reached $100 a barrel in volatile trading on Thursday