What does the rise in the inflation mean for financial stability? – Bank Underground
Bank UndergroundKristina Bluwstein, Sudipto Karmakar and David AikmanIntroductionInflation reached almost 9% in July 2022, its highest reading since the early 1990s. A large proportion of the working age population will never have experienced such price increases, or the prospect of higher interest rates to bring inflation back under control. In recent years, many commentators have … Read more