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The Graphic Truth: The great global (interest rate) hike
Interest rates and inflation figures in select economies.
GZERO Media
November 04, 2022
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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AI is spreading faster, and the gap is growing wider. What that means in practice isn’t straightforward. In the first edition of AIEI Perspectives, a new editorial series from the Microsoft AI Economy Institute, six experts answer the same questions about who benefits from AI, who’s still waiting, and what shapes that outcome. Their answers don’t all land in the same place. Instead, they offer different ways of interpreting the same challenge — highlighting where views align and diverge and what it may take to close the gap over time. Read the perspectives here.
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