World

US inflation rate over five per cent

Despite the Reserve Bank of Australia saying interest rates will not fluctuate until 2024, US annual inflation is once again above 5%, and the prospect of interest rates rising faster rather than later is now a reality. It has become.

Sky News business editor Ross Greenwood said the RBA’s stance could change after the U.S. figures were released, requiring the U.S. Federal Reserve Board to make quantitative easing and other changes. I led them to consider whether there is one.

The Federal Reserve Board is also considering raising interest rates, as in New Zealand, after inflation rose 0.1% last month and 5.4% annually.

US economists believe that the Federal Reserve will move and interest rates will have to rise after quantitative easing is over.

US inflation rate over five per cent Source link US inflation rate over five per cent

Back to top button