Fed prepared to raise interest rates 'aggressively:' Powell

Fed prepared to raise interest rates 'aggressively:' Powell

The US central bank is prepared to raise interest rates by bigger steps than the quarter-point hike announced last week if that is what's needed to contain "much too high" inflation, Federal Reserve Chair Jerome Powell said Monday.
Energy costs push Spain's inflation to 29-year high

Energy costs push Spain's inflation to 29-year high

Spanish consumer prices rose at their fastest pace since 1992 in October on the back of higher energy prices, official data showed Thursday.