Eco
According to Fitch Ratings, central banks face a real dilemma due to the fallout from the Middle East crisis. With oil prices igniting due to the Strait of Hormuz crisis, banks find themselves forced to keep interest rates high to curb inflation, a move the IMF warned would stifle growth. The only exception in this bleak landscape is the EV technology and renewable energy sector, which continues to attract government funding.
Editor at Dijlah Point News, writing about Eco.