Inflation at the Forefront of Central Bankers' Minds
According to an article published by Morgan Stanley, inflation is rising around the world, not just here in the US. As a result, the investment firm expects Central Banks around the world to start raising short-term interest rates to combat the uptick in prices. In essence, bankers around the globe are becoming more concerned about global stagflation -- the combination of slower growth and higher inflation. Please click on the link below for more insight from Morgan Stanley.