Central Banks Should Stop Series of Rate Hikes amid Deepening Recession Risks: U.S. Expert
SEOUL, Nov. 9 (Korea Bizwire) — South Korea and other major economies should stop a string of interest rate hikes to fight inflation, as the extended monetary tightening would exacerbate recession risks, a U.S. expert said Wednesday. Robert Barro, an economics professor at Harvard University, stressed that the central banks around the world, with the [...]