Rampant inflation, aggressive monetary policy stifling growth
“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.”
Ronald Reagan
SIPHELELE DLUDLA siphelele.dludla@inl.co.za
PHILIPPA LARKIN
BUSINESS
ECONOMISTS have allayed fears that the runaway global inflation and aggressive monetary policy from major central banks could halt economic recovery and trigger a recession, at least not this year.
This comes as the US Federal Reserve, the largest...
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