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).

Machinist3359,

They've been very clear and consistent, yet the market keeps assuming it won't hold a few months later.

operator,
operator avatar

They have, bu current fluctuation and constant black swans raise the legitimate question

livus,
livus avatar

Interesting times.

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