View the complete publication in: (English)
The Impact of inflation on Central Banks' balance sheets
The end-of-year reviews made abundantly clear that 2022 was a year of profuse setbacks. The financial market overviews were no different. Rising prices not only caused havoc in the wallets of ordinary people. The dramatic increase in inflation led major central banks to hike interest rates leading to a brutal year for investors. According to the Financial Times, stocks and bond markets shed more than $30 trillion (12 zeros) in 2022.