It’s been a bit of a running theme to start the new month, hasn’t it? That being firms expecting further...
Interest rates are crucial to day traders in the forex market. That’s because the higher the rate of return, the more interest accrued on currency invested.
Generally, higher interest rates increase the value of a country’s currency. Higher interest rates tend to attract foreign investment, increasing the demand for and value of the home country’s currency. Conversely, lower interest rates tend to be unattractive for foreign investment and decrease the currency’s relative value.
Go to below pages to find out more about individual country’s current interest rate and historical interest rates.
The inflation and interest rate in 2022 will be affected by a variety of factors such as global economic growth, government monetary policies, and global events such as COVID-19 pandemic.
In general, the inflation rate is the rate at which the general level of prices for goods and services is rising and subsequently purchasing power is falling. Central banks use monetary policy to control inflation by adjusting interest rates, which can affect the economy by making borrowing more or less expensive.
Interest rate is the rate at which central banks lend money to commercial banks, which in turn affects the cost of borrowing for businesses and consumers. Central banks use interest rate to control inflation, by making borrowing more expensive, it reduces the level of spending and inflation.
It is important to note that the inflation and interest rate can vary from country to country, and it is determined by the monetary policies of the central bank of each country. It’s also important to note that the global events can have a significant impact on the inflation and interest rate.
Inflation is generally measured by the Consumer Price Index (CPI), which tracks the changes in the price of a basket of goods and services that are commonly consumed by households. The average inflation rate for advanced economies is around 2%, but it can vary from country to country. Some countries, such as Venezuela, have experienced hyperinflation in recent years, while others, such as Japan, have struggled with deflation.
Interest rates are set by the central banks of each country and are used as a monetary policy tool to control inflation and stabilize the economy. Central banks will raise interest rates to slow down inflation and lower interest rates to increase inflation. The average interest rate for advanced economies is around 2%, but it can also vary from country to country. Some countries, such as the United States, have raised interest rates to combat inflation, while others, such as Japan, have kept interest rates low to stimulate economic growth.
It’s important to note that the global events such as pandemics, trade tensions, geopolitical risks and etc, can have a significant impact on the inflation and interest rate.

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Payment services for HUBFX UK and US are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) and The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000160311064). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011
Payment services for HUBFX are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) and The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000160311064). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011 and CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of a electronic-money institution (Relation Number: R142701)
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