United Nations economist: The Federal Reserve may continue to raise interest rates by 25 basis points several times

It is reported that Hamid Rashid, director of the Global Economic Monitoring Center of the Department of Economic and Social Affairs of the United Nations, said that the Federal Reserve may continue to raise interest rates by 25 basis points in the next few meetings, which will have a major impact on other economies in the world, because interest rates will remain at a very high level, and global financing costs will remain at a very high level, which will affect capital flows and investment in the overall growth prospects.

Interpretation of this information:

The message reports the prediction made by Hamid Rashid, Director of the Global Economic Monitoring Center of the United Nations, about the possibility of the Federal Reserve continuing to increase interest rates by 25 basis points in the upcoming meetings. Rashid suggests that such a policy could have a significant impact on the global economy because it would lead to higher interest rates globally, making financing more expensive and potentially affecting capital flows and investment.

The United States Federal Reserve is responsible for monetary policy decisions in the country, including setting interest rates. The central bank has raised interest rates several times in recent years to manage inflation and maintain economic stability. If this policy continues, it could lead to even higher interest rates, which could impact the global economy.

The increase in interest rates in the US could lead to higher financing costs, which would have a global impact. Businesses and individuals borrowing money from banks or financial institutions would have to pay higher interest rates, potentially meaning less investment and lower overall growth prospects. With rising costs, capital flow across the globe could also be impacted.

Overall, the message suggests that if the Federal Reserve continues to raise interest rates, it could have significant consequences for the global economy. In particular, higher financing costs and a potential decrease in investment could impact the prospect of growth.