Central Banks Raise Policy Rates

Well, it has been all over the news this past month. From Brazil to Russia to the United Kingdom, central banks all over the world are raising their interest rates, and analysts expect that the United States Federal Reserve and the European Central Bank to begin raising their rates later this year. Learn some useful vocabulary to discuss this global trend. Our highlighted vocabulary in this lesson includes Soaring Inflation Surging prices Tightening monetary policy Economic rebound Hawkish stance Dove Upward shift