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The Bank of England became the first Group of Seven central bank to raise interest rates since the pandemic, and Federal Reserve officials signaled they favor a faster-than-expected pace of hikes next year — both underscoring stepped-up efforts to contain inflation.
At the same time, the European Central Bank is taking a more gradual approach as they stick to a view that inflationary pressures are transitory.
Harry Miller is a writer and editor based in Toronto who has Ten years of experience in the journalism industry. Before coming to Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and a breaking news reporter with the Toronto Star. Miller currently holds two bachelor’s degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.
