Inflation hits records all over the world... central banks are struggling - Archyde
Published on : 20/01/2022 – 12:37 To stem it, Western central banks are gradually reducing the inflows of liquidity injected at the height of the crisis to support the markets in the face of the health crisis. The next step, investors predict, is higher interest rates. And this raises concerns...
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This is not a unique issue for the US only. The pandemic and recovery efforts have triggers inflationary pressures worldwide. The supply-demand curve has become imbalanced.
It has been well over 100 years since the last pandemic. Economists could not accurately forecast the damage that a worldwide health crisis such as we are living through could cause.