Financial markets, housing market may face rate-driven headwinds
Policymakers hope to bring down inflation by reducing job openings
Inflation has slowed but is still fuelling a cost-of-living crisis, public-sector strikes and fears of recession
``It would be very premature to declare victory," Powell says
The ECB is expected to hike rates by a half-point on Thursday
Housing market turmoil, deeper U.S recession pose threats too
Volatility and uncertainty drove a rise in banks' cross-border claims
A downshift in rate increases is fueling enthusiasm on Wall Street that hikes will soon stop
Macro slowdown and emerging-market sovereign downgrades loom over ratings
Rate hikes, inflation drive public debt charge up 36.8%