It’s not just us, Europe is struggling with inflation, too…and central banks are caught in a historic dilemma.
TAPE: They can either prioritize fighting inflation or focus on steering the economy away from recession. (0:07)
Hallam Bullock edits Insider’s 10 Things newsletters. He says European central banks may raise interest rates next month… otherwise…..
TAPE: Central banks run the risk of the current steep price rises becoming a permanent feature of our economies and nobody wants that. It's a sticky dilemma and, as time ticks by, recession fears continue to grow. One thing is for sure, I don't envy the decision makers at central banks. (0:15s)