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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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Members of the Green Bangla Garment Workers Federation hold a protest rally demanding the immediate reconstitution of the wage board for garment workers and the announcement of a minimum wage of Tk 30,000 in front of the National Press Club in Dhaka, Bangladesh, on October 9, 2026.
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People cast ballots inside the Cuyahoga County Board of Elections during early voting ahead of the midterm elections in Cleveland, Ohio, US, November 1, 2026.
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