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.

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

Remember - every action you take, take it with the thought of creating a sustainable future for yourself.