Global financial markets have endured a torrid 2022 after central banks around the world — with the notable exception of Japan — aggressively tightened monetary policy to curb rocketing prices in the wake of the pandemic.
Worsened by a combination of shocks, including the effects of the Russia-Ukraine war, and supply chain bottlenecks, the likely result is that inflation will remain well above many countries’ targets for longer than initially expected...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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