The global race to hike rates tilts economies toward recession | Curio
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Bloomberg Businessweek

The global race to hike rates tilts economies toward recession

10 mins | Sep 26, 2022
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The world economy risks being tipped into a slump by soaring interest rates. The Federal Reserve looks willing to tip the US into a slump if that’s what’s needed to beat inflation. Now other central banks are ready to make the same gamble. Rich Miller investigates the banks' tactics as they try to break the inflation curse and what it will mean for households across the world.

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