Analysts divided on whether markets have priced in high interest rates
Most think economic effect of higher rates is yet to become evident
07 December 2022 - 20:07
Global financial markets have endured a torrid 2022 after central banks around the world — with the notable exception of Japan — aggressively tightened monetary policy to curb rocketing prices in the wake of the pandemic.
Worsened by a combination of shocks, including the effects of the Russia-Ukraine war, and supply chain bottlenecks, the likely result is that inflation will remain well above many countries’ targets for longer than initially expected...
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