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The Central bank chiefs indicate willingness to maintain high interest rates to control inflation

Leaders of major central banks are ready to increase interest rates to control inflation

They are targeting a rate of about 2%. Mainly influences by the current conditions in the labor markets + rising wages.

The IMF warns this could trigger a financial crisis. Inflations are high everywhere (~6% EU, 4% US, 9%UK).

https://www.ft.com/content/75b779bd-4023-4370-9916-adbc4d57ff2fOpen linkView original on kbin.social
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The Central bank chiefs indicate willingness to maintain high interest rates to control inflation | Spyke