According to the expert, the US is dominated by a policy in which inflation is considered only from the point of view of monetary processes.
“Basically, they see the suppression of inflation in raising the key rate.
And this means that the cost of loans is rising, which means that the activity of the economy is hindered and the activity of industrial enterprises is hindered,” Belyaev believes.
As the economist clarified, all these actions will lead to a slowdown in the country's economic growth, which in turn means that "economic ties with Europe will have a less solid foundation, Europe will have fewer opportunities."
“In addition, if the rate rises, then theoretically this means that there will be an overflow of capital from Europe to America, leaving it without economic capacities and hopes for strengthening the economy,” the RT interlocutor concluded.
Earlier, MEPs called for a tough course on the United States because of the law to reduce inflation.