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Browsing: global inflation impact
The Monetary Policy Committee (MPC) which most recently held its ordinary meeting on 22nd May 2023 has approved the toughened stance. The MPC resolved that; “Given the domestic and global economic conditions, the Bank is to sustain the implementation of less accommodative monetary policy in May and June 2023,” in other words, Tanzanians should tighten their belts. Some more. This policy stance will ensure that inflation in Tanzania remains within the target of 5.4 percent in the remainder of 2022/23.” …
- More than half of some of the world’s wealthiest individuals are managing their wealth and making changes to their investment strategies, given current economic challenges, including inflation
- In response to rising global inflation, two-thirds of investors are changing their investment strategies, with some spending less while others have made new decisions around their portfolios
- Gold continues to be of high interest, with 2 in 5 saying they have invested as a result of inflation, and there is interest in bonds at a lower 22% to combat inflation
A new survey has indicated that more than half of some of the world’s wealthiest individuals are managing their wealth and making changes to their investment strategies, given current economic challenges, including inflation.
The Standard Chartered’s Wealth Expectancy Report 2022 reveals a shift in investor decisions for over 15,000 emerging affluent, affluent, and high net worth (HNW) investors in 14 markets.
The results …