Monetary Tightening in Response to Global Stagflationary Concerns

Why a 1970s-style ‘stagflation’ crisis would hit the world’s poor hard
https://www.washingtonpost.com/world/2022/06/09/stagflation-poor-countries-world-bank/
Related:
https://www.washingtonpost.com/business/2022/06/09/inflation-worse-poll-americans/
 
India's central bank raises key rate to 4.90% in 'no brainer' move
https://asia.nikkei.com/Economy/India-s-central-bank-raises-key-rate-to-4.90-in-no-brainer-move
 
ECB pledges interest rate rise in July as inflation bites
https://www.dw.com/en/ecb-pledges-interest-rate-rise-in-july-as-inflation-bites/a-62077664