01
Jan
In 2023, global economic developments show complex dynamics, influenced by several important factors such as inflation, the Russian-Ukrainian war, and changes in monetary policy in various countries. Many countries are adapting to new challenges arising from post-pandemic transitions and volatile market fluctuations. Inflation remains a major issue in many economies. In the United States, the Federal Reserve implemented a policy of higher interest rates to suppress inflation growth which reached its highest rate in decades. Meanwhile, in Europe, the European Central Bank is also following similar steps in hopes of easing inflationary pressures caused by soaring energy prices and dependence…