News

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

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.

More For You

South Korean President Lee Jae Myung leaves after giving a speech on the Government's first supplemetary budget bill of 2026 at the National Assembly in Seoul, South Korea, 02 April 2026.
JEON HEON-KYUN/Pool via REUTERS

South Korea's President Lee Jae-myung's Democratic Party is poised to win 11 of 16 municipal races, a reversal from four years ago when the now-disgraced PPP dominated. But Lee’s surging popularity has foreign policy ramifications.

Chris, an Army veteran, started his Walmart journey over 25 years ago as an hourly associate. Today, he manages a Distribution Center and serves as a mentor, helping others navigate their own paths to success. At Walmart, associates have the opportunity to take advantage of the pathways, perks, and pay that come with the job — with or without a college degree. In fact, more than 75% of Walmart management started as hourly associates. Learn more about how over 130,000 associates were promoted into roles of greater responsibility and higher pay in FY25.