Work remains to reinforce the shared currency, finance ministers say
Surging prices are haunting consumers and confounding economic planners
The BoE is the first central bank in a major economy to raise interest rates since the pandemic began
Weak demand and supply chain disruptions also weigh on growth
Steady monthly increases in oil releases will continue
Powell also elevated inflation-fighting as a more urgent priority than supporting job growth
The S&P 500 index dropped 106.84 points, or 2.3%, marking its worst day since February
Employers have made 18 million new hires since April 2020
The inflation spike is affecting consumers, the Biden administration and central banks
The Labor Department said Friday that 4.4 million people quit their jobs in September