Why central banks, including the RBI, are raising lending rates aggressively - Economic Times

Across the OECD group of wealthy nations, inflation has reached 9.2% - the highest since 1988. Britain has the highest rate in the G7 group of rich countries - the UK, US, Canada, France, Italy, Germany and Japan - with the consumer price index (CPI) measure …

Countries across the world have been grappling with unprecedented levels of inflation. In the US, the inflation rate has increased by an unparalleled amount of 8.6 per cent in May 2022, reaching a fo… [+4065 chars]

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