Economics (AS & A Level) · Feb / March 2023 · Paper 22 · Question 1

Inflation in the United States (US) Prices are rising much faster than expected across the world’s economies, including the US. Content removed due to copyright restrictions. 3 Some economists believe that interest rates in the US may need to rise from 0.25% to as high as 4.50% to ‘cool’ the economy and reduce the rate of inflation and that this is likely to happen sooner rather than later. Source: Adapted from ‘Boom and doom?’, a briefing on inflation, The Economist 10 July 2021. Content removed due to copyright restrictions.

Read automatically from the paper; the printed page above is exact.