2022 was year full of uncertainty and geopolitical tensions. For India, the crude and other commodity prices going up pressured the deficit numbers. 2022 saw the steepest rise in global interest rates following the rise in inflation.
NY Fed’s John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed