May 24, 2022

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Canada and the UK will also raise fees

Ratio Inflammation In the United Kingdom it was 5.4% year-on-year in December, the result of thirty-year high energy prices, a tight labor market and problems with some supply chains.

In any case, analysts consider Inflammation It still has an upward trend and will reach its peak when it reaches 6% in April. In that framework, After doing surprisingly well in December, at the next meeting scheduled for February 3, the Bank of England discounted whether to raise interest rates further by a quarter point.

Like many countries, the market expects inflation to fall in recent months. The moderate tightening of monetary policy will take place against the backdrop of an expanding economy as a result of declining Corona virus infections after reaching an all-time high of just 0.5% weeks ago.

In December, Canada also hit a 30-year high of 4.8%. Further the answer will be similar to other countries and the market expects the interest rate to rise from 0.25% to 0.50% at its meeting next week.

The expected path for most developed economies is similar. If inflation does not already exist, it will soon reach its peak and will begin to decline due to some of the reasons behind its acceleration in recent months, such as the disruption of some supply chains. On the other hand, operational levels will remain stable as some of the restrictions imposed by the Govt.

In March, analysts expect the Federal Reserve to raise rates two or three more times a year, while the European Central Bank does not plan to introduce changes to its monetary policy.. Like many issues, the outlook for China was different as inflation had already started to fall in December, which is why we were able to cut interest rates this week to boost performance. The rest of the world is watching China with concern because its zero tolerance policy against Kovit could lead to control measures that could affect certain sectors and complicate certain supplies.

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In this way, slowly, the global post-epidemic situation takes shape.

Crisis