Best interest? Why central banks are pushing to raise rates
Jun 24, 2022
3 minutes
By Richard Partington
Central banks around the world are pushing for the sharpest rise in interest rates in decades in response to soaring inflation.
With living costs across advanced economies rising at the fastest annual rate since the 1980s, there are risks for households and businesses as growth falters. Here are the reasons rising rates matter:
Why are central banks raising interest rates?
The Covid pandemic, supply chain disruption,
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