Have interest rates reached their peak? | Business and Economy

Countries across the world have been hit by multiple crises that have sent prices soaring, including pandemic-era supply bottlenecks, the fallout of the war in Ukraine, and an energy crisis.

Food, electricity, and even the internet have all become very expensive.

Central banks globally rushed to increase interest rates in an almost synchronized move to tame inflation. Now, after more than 18 months of the most aggressive monetary policy tightening in decades, governors hint the measure could be nearing its peak.

Elsewhere, we speak to the Philippine finance minister.

Plus, we ask: Why do workers quit just after being promoted?