Tag: central banks

Following a sharp rise in inflation precipitated initially by the supply-side disruption as the pandemic ended and supply lagged demand, then the Russian invasion of Ukraine, central banks are tightening policy. The US Federal Reserve is at the forefront of this charge, raising interest rates at the fastest pace since the 1980s. There is no …

Continue reading “The extraordinarily low-interest rate era is ending – what are the implications for financial markets and policymakers?”