FEDThe Federal Reserve caps a two-day meeting of its policymakers with an economic and interest rate

Read full storyBoeing BA.N shares fell by 3.6% after one of its 737 jets crashed in China. Global stock markets rallied last week in anticipation of an eventual peace deal on Ukraine.... But on Monday, Ukraine defied a Russian ultimatum that its forces lay down arms in Mariupol, while the European Union considered a possible energy embargo against Russia.... It was the first time since May 2019 that the two-year note, which typically moves in step with interest rate expectations, topped 2%-the

Nonetheless, economic recovery was uneven among different economies, creating imbalances in supply and demand.... In an earlier assessment by the Fed, the sudden surge in inflation was seen as “ transitory ”, a view that is shared by most central bankers during that time.... Intuitively, consumers will alter their spending behaviour if they expect prices for goods and services to continue rising....