World Bank: A radical interest rate hikes of central banks such as the United States and other developed economies may drag the world economy

According to the US "Fortune" website reported on the 27th, the World Bank President Malpas said on the 26th to participate in the program of Columbia Broadcasting Corporation on the 26th that the United States and other economies have faced the high inflation that have not been seen for decades, but to make inflation levels level levelsIt takes several months or even two years to fall down and re -control the price.Malpas also said that the shortage of recorded inflation levels and the shortage of major commodities such as oil, fertilizer and wheat means that some countries are "difficult" to avoid economic recession.

In addition, the World Bank is worried that the radical interest rate hikes of the central banks such as the United States and other developed economies may drag the world economy.Malpas suggested that the Fed's chairman Powell no longer focus on a sharp interest rate hike, but to inhibit inflation through the central bank's supervision tools.

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