It is now possible to find out growth of about world economy, critical worldwide risks and trends, the impact of climate change and conflict etc. McKinsey & Company released its new ‘Global Economics Intelligence executive summary’ report for May 2022. This report provides macroeconomic data.
According to the report, The main highlights are; How central banks responded to inflation, challenges in the supply sector and US-China economic situation.
All around the world, Central banks keep increasing the interest rates to fight inflation. US Federal Reserve increased the interest rate by 1.5% while Brazil by 1% and India expected to be around 4.9% end of this quarter. The European Central Bank signaled about the negative interest rates coming to an end at least by the end of 2022 w...
