News Snapshot:
(Bloomberg) -- China’s economy continues to cool as the nation’s housing slump intensifies, while supply-chain bottlenecks are keeping a tight grip on the recoveries in the U.S. and Europe. The resulting inflation is pressuring global central bankers, including those at the Bank of England, to tighten monetary policy. Meanwhile, Turkey’s Monetary Policy Committee is taking a different tact -- cutting rates amid views that inflation is transitory. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: Asia China’s housing slump and electricity shortages dragged down economic growth last quarter,...
