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Entrepreneurs Beware: High Interest Rates and Risk Mitigation Strategies
As global central bankers assert their stance on maintaining steep interest rate increases, entrepreneurs worldwide are feeling the heat. In an effort to subdue persistent inflation, central banks are resorting to this monetary tool. In a recent panel discussion featuring United States Federal Reserve Chair Jerome Powell, European Central Bank President Christine Lagarde, Bank of England Governor Andrew Bailey, and Bank of Japan Governor Kazuo Ueda, they collectively affirmed their commitment to the inflation fight.
