The Federal Reserve launched another sortie against the fastest inflation in four decades on Wednesday, approving the fourth straight supersized rate increase and signaling more increases were likely in the months ahead.
President Vladimir Putin confirmed Russia would provide grain to the poorest countries free of charge in a telephone conversation with President of Indonesia Joko Widodo, the Kremlin said on Wednesday.
President Joe Biden this week suggested that Americans struggling to afford basic necessities like groceries can switch to off-brand products in order to save money amid record inflation.