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the inflation crisis could be over. 2022 has been a year of soaring prices and ever rising interest rates, so what will 2023 bring? let s speak to guido cozzi, professor of macroeconomics at the university of st gallen in switzerland. it s a big question what world 2023 bring. what do you think? it depends on how central banks decide to react. united is doing a little better. before 2022 from 20222022,, referred almost 00, the basic money. now it has spent a whole year, 2022, reducing the supply of money, so to a third of the
workers not to fully reflect the price increases into their wages or produces not to fully reflect the cost increases into their prices? their prices? sorry to interrupt, their prices? sorry to interrupt, but - their prices? sorry to | interrupt, but briefly, their prices? sorry to - interrupt, but briefly, we are almost out of time, do you think, as some believe, that inflation has peaked globally? globally, yes, but unfortunately i don t think that this is guaranteed for europe and the uk.- that this is guaranteed for europe and the uk. thank you, for analysis europe and the uk. thank you, for analysis and europe and the uk. thank you, for analysis and concise - europe and the uk. thank you, for analysis and concise last. for analysis and concise last answer, guido cozzi, professor of macroeconomics at unversity of macroeconomics at unversity of st gallen in switzerland. let s turn now to one of britain s best known billionaires. sir richard branson and his virgin group employ