Pandemic has accelerated the significant tendency towards the contemporary way of banking, which was also there before the outbreak but is a lot visible now.
Although the picture is less clear, as per the various divergent viewpoints among economists, the full length of US recession can be anticipated by mid-23.
Most of the economists in Reuters poll from Aug 16-19 predicted a half point increase next month, which would take the primary interest rate to 2.75%-3%.
Indonesian central bank has raised benchmark interest rate to level that is highest it has been since 2018 in order to battle the nations rising inflation.
Because of the issues taking place in Europe with the ongoing Russia-Ukraine conflict, the gas supply crisis has begun to affect the currency market as well.
