So the inflation rate in Iran is reported to be around 40% with the interest rate being 16%. The only positive is that in the next few years inflation is supposed to go down in Iran.
Currently inflation is going up all over the world. In Turkey inflation is now reported to be 20%, although some analysts believe it to be much higher.
In the US, the interest rate is currently at 0.25%. In 2019 the interest rate was 2.75%. Inflation is reported to be at 6%, although many believe that in reality the inflation rate is much higher, with prices for many household goods going through the roof.
In almost every case the solution seems to be to increase interest rates but for whatever reason we don't really see this happening.
In Iran Raesi has the reputation of having been a stringent judge. Many are hoping that he can clamp down on the issue of the corruption which plagues Iran's financial sector and various other industries. However so far we haven't seen much and only time will tell.
Currently inflation is going up all over the world. In Turkey inflation is now reported to be 20%, although some analysts believe it to be much higher.
In the US, the interest rate is currently at 0.25%. In 2019 the interest rate was 2.75%. Inflation is reported to be at 6%, although many believe that in reality the inflation rate is much higher, with prices for many household goods going through the roof.
In almost every case the solution seems to be to increase interest rates but for whatever reason we don't really see this happening.
In Iran Raesi has the reputation of having been a stringent judge. Many are hoping that he can clamp down on the issue of the corruption which plagues Iran's financial sector and various other industries. However so far we haven't seen much and only time will tell.