China is walking a tightrope between economic growth and inflation as industries cope with climate change promises and commodity costs climb. April readings of factory gate prices may have served as a warning of higher costs to come. The producer price index (PPI) jumped 6.8 percent from a year earlier …

Turkey’s lira tumbled to a record low of 8.6 versus the dollar on Friday as it took a hit from global inflation concerns, expectations that the central bank will soon cut interest rates and worries over possible early elections. The lira — by far the weakest performer in emerging markets …

The Fed has embarked on a massive expansionary quest in recent years. In 2020, total Reserve Bank assets rose from $4.2 trillion to $7.4 trillion amidst the pandemic and related government lockdown and fiscal “stimulus” policies. That was roughly three times the extraordinary growth in the consolidated balance sheet for …