Stocks in tailspin, dollar soars as hard landing fears mount - Reuters.com
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5/12/2022 12:00:00 AM3 years 9 months ago
Shares sank to a 1-1/2 year low on Thursday and the dollar hit its highest in two decades, as fears mounted that fast-rising inflation will drive interest rates higher and bring the global economy to a standstill.
LONDON, May 12 (Reuters) - Shares sank to a 1-1/2 year low on Thursday and the dollar hit its highest in two decades, as fears mounted that fast-rising inflation will drive interest rates higher and … [+5918 chars]
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