Central Banking Newspapers, based in the United Kingdom, published a new study that revealed that inflation has become the greatest risk to reserve management officials in the world’s largest central banks.
70% of those surveyed on Sunday cited inflation as the greatest risk, and geopolitical risks were cited as the second biggest concern.
Central banks around the world deal with runaway inflation even after months of increases in borrowing costs.
The study of 83 central banks around the world said inflation put pressure on enterprises to continue to tackle price rises, even as pressures on the financial sector grew.