The risks of a simultaneous and rapid global tightening

Rates uncertainty

In a bid to bring inflation down to target, most central banks in advanced economies have embarked this summer on a policy-tightening process unseen since the 1980s.

However, some multilateral organisations and leading economists warn institutions should co-ordinate their decisions and increase interest rates at a more gradual pace. Otherwise, they risk plunging the world economy into a severe recession.

“The simultaneous tightening of monetary and fiscal policies across the world will likely

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account