How high is high?


AS we welcome 2023, one of the central themes this year will be how high will interest rates rise after the relentless pursuit taken by global central banks in fighting inflation with persistent and measured rate hikes in 2022.

As can be seen from Chart 1, from the 75 basis points (bps) hike by the Bank of Thailand to the 425 bps hike by the US Federal Reserve (Fed), the year 2022 has certainly been a busy year for central banks.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

centralbanks , inflation , FOMC , BankNegara , OPR

   

Next In Columnists

How reforms, like Rome, must be built incrementally
Global Development Initiative paves the way to carbon neutrality
David and Goliath
Ways to manage chronic prostatitis
Tasteful tapestry
All eyes on Pahang by-election
The oligarchic grip
Irrational cruelty
MPs must listen, not run from debates
Heat over Zahid’s DNAA simmers on

Others Also Read