Published on YouTube: Can central banks curb inflation as energy costs rise? | Counting the Cost

Can central banks curb inflation as energy costs rise? | Counting the Cost
Caught between rising inflation and slowing growth, the United States Federal Reserve, the European Central Bank and the Bank of England are keeping interest rates and borrowing costs steady. That's despite rising energy bills, fuel and food costs squeezing businesses and households worldwide. The International Monetary Fund is warning of a global slowdown, and no one knows how long the energy shock set off by the US-Israel war on Iran will last. The impact will be felt hardest in emerging markets and developing nations. Central banks face a tough choice: fight rising prices or support a weakening economy. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://ift.tt/RPGymQ1 Check our website: https://ift.tt/49bopNq Check out our Instagram page: https://ift.tt/4fAdKLX Download AJE Mobile App: https://ift.tt/D8UKB0q #economy #globaleconomy #debt #energy #food #aljazeeraenglish #aljazeera
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