England also follows suite in the interest hike trend

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England also follows suite in the interest hike trend

The time for the bond market to be highly risky has come, many countries with strong currencies have taken on a trend of interest rate hikes to curb inflation, but they were the same that printed money during the pandemic without due process of the potential impact

Bank of England raises UK interest rates by 0.25 points to 1.25% in an effort to tame spiraling inflation, despite fears over growth https://t.co/3CfMH5Xuac

— CNN Breaking News (@cnnbrk) June 16, 2022

 

are facing a potential recession indicator. is the finance world about to press a reset button, we all don't know but my advice is to buy gold and the dollar. they never disappoint and as long as the dollar is the international reserve currency, the risk of the USA defaulting on its debt is highly unlikely