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Inflation hits very high levels, which combined with other headwinds such as the sharp tightening of monetary policy, will act as a significant drag on global economic activity in 2023
This week’s raft of key central bank meetings will not provide much in the way of festive cheer. The ECB, US Federal Reserve and the Bank of England are all expected to accompany another round of rate hikes with a downbeat assessment of the economic outlook for 2023.
AIB’s Economic Research Unit provides regular commentary on the domestic and global economy, currency and interest rate markets, and special commentary on key events....
