Central banks are responding to high inflation by raising key interest rates. Further key rate hikes are likely this week as well.
![Rapid and synchronous key rate hikes Rapid and synchronous key rate hikes](https://blog.en.erste-am.com/wp-content/uploads/2022/09/noah-silliman-fxAo3DiMICI-unsplash-scaled-1-370x210.jpg)
Central banks are responding to high inflation by raising key interest rates. Further key rate hikes are likely this week as well.