Another major factor is that major central banks around the world are tightening in unison.
The European #CentralBank #raised rates on the 10th,
and
the U.S. #FederalReserve shifted to a tightening stance on the 16th for the😞 first time in three years.
en.sedaily.com/internationa...

#news #Earth

#AI #debt is fueling #inflation. Purchasing things faster than they can be built is very inflationary. As a result, the #Fed #raised rates a quarter of a point today and penciled in another for this year. Rising interest rates eventually crashes a debt #bubble. Here we go.