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The Graphic Truth: The great global (interest rate) hike

November 04, 2022
Gabrielle Debinski
and
Paige Fusco
Interest rates and inflation figures in select economies.
Interest rates and inflation figures in select economies.
GZERO Media

Inflation isn’t a sexy dinner party topic, but its impacts reach far and wide. This week, central banks in the US and the UK again raised interest rates to decade highs in a bid to cool their respective economies. The impacts of inflation – and government efforts to quash it – are reverberating throughout emerging market economies, where prices of food staples are soaring, as well as wealthy economies, where mortgage repayments are now unsustainable for many homeowners. We take a look at monetary policy in select economies over the past year.

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