Charting the Global Economy: Fed, ECB Press on With Rate Hikes

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Charting the Global Economy: Fed, ECB Press on With Rate Hikes
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Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy

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European Central Bank Raises Key Interest Rate by Quarter Percentage PointEuropean Central Bank Raises Key Interest Rate by Quarter Percentage PointBreaking: The European Central Bank raised interest rates by a quarter percentage point, pressing ahead with its fight against inflation despite recession fears
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European Central Bank hikes interest rates to combat inflationEuropean Central Bank hikes interest rates to combat inflationThe European Central Bank raises interest rates for the ninth straight time in its yearlong campaign to stamp out high inflation as households and businesses face a double hit from price spikes and higher rates
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Never mind global warming, 'era of global boiling has arrived,' warns U.N. headNever mind global warming, 'era of global boiling has arrived,' warns U.N. head'It is a cruel summer,' U.N. Secretary-General Antonio Guterres said Thursday, calling rising temperatures 'a disaster' for the entire planet and noting 'humans are to blame.'
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UN: We’ve Gone Beyond Global Warming and Into “Global Boiling”UN: We’ve Gone Beyond Global Warming and Into “Global Boiling”With this July on track to be the hottest month ever, the UN is warning that we've moved past global warming as the planet begins to boil.
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