01/19/2023 | Press release | Distributed by Public on 01/19/2023 10:37
The year 2022 witnessed surging inflation due to Covid induced supply chain disruptions and the Russian invasion of Ukraine. This forced Central Banks to lift interest rates in a bit to rein it in. With inflation rates expected to fall in 2023, the heavy tightening of monetary policy through nominal interest rate increases by global central banks is nearly behind us.
In this video, Derek Halpenny, Head of Research, Global Markets EMEA & International Securities, notes that inflation will play a very important role in determining how smoothly the policy of QT goes this year, with over USD 3trn worth of liquidity will be removed by central banks as balance sheets shrink under QT policies. Watch Derek's video for more insight.
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