The countries which raised rates first are now cutting them

O past two years The Economist has studied the economic fortunes of Hikelandia. This group of eight countries—Brazil, Chile, Hungary, New Zealand, Norway, Peru, Poland and South Korea—started to tighten monetary policy in 2021, many months ahead of the Federal Reserve and the European Central Bank…#economist #hikelandia #brazil #chile #hungary #newzealand #norway #peru #poland #federalreserve
Source: Reuters: Health - Category: Consumer Health News Source Type: news