CNN Business editor-at-large Richard Quest has spoken to Today about the risk of a global recession as inflation soars and the US economy shrinks. Quest revealed interest rates are going up because policymakers lost control of inflation. He said, “those who are responsible for keeping inflation at bay let the tiger out of the cage. And now they have to get it back in again”. Subscribe and 🔔: | Get more breaking news at 9News.com.au:
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