✦ Did we waste the era of low interest rates? ...Middle East

Hi Quartz members,Rising prices and the Fed’s efforts to combat them have put the economy in a tight spot. A recession looms if the global economy doesn’t catch some breaks in the form of unclogging supply chains, extra production of oil and gas, or a deal to let Ukraine export more wheat.Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

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