Vicky Pryce, International Economist and business consultant spoke to CGTN Europe. UK inflation is rising, but the Bank of England is still expected to cut interest rates in autumn 2022. China has kept its benchmark rate steady, signaling cautious monetary stimulus. The Fed's Jackson Hole meeting is in focus, with markets watching for any changes in stance due to President Trump's pressure for lower rates. Tariffs pose a significant challenge for central bankers worldwide, causing uncertainty in setting interest rates and predicting inflation.